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Justice Asks For Parties To Show Cause On Why Not To Close Insurer’s Receivership

Mealey's (December 6, 2017, 2:49 PM EST) -- NEW YORK — A New York justice on Nov. 14 ordered parties to show cause as to why an ancillary receiver’s report should not be approved closing the receivership of Villanova Insurance Co. (In re ancillary receivership of Villanova Insurance Co., No. 402669/03, N.Y. Sup., New York Co.).

(Order to show cause available.  Document #10-171222-007R.)

Justice Carmen Victoria St. George of the New York County Supreme Court gave policyholders, claimants, creditors and other interested parties in the affairs of Villanova until Dec. 19 to show cause...
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