Appeals Panel Upholds Claims Classification Made By Insurer’s Liquidator

Mealey's (July 18, 2019, 9:43 AM EDT) -- NEW YORK — A trial justice correctly found that an insurer’s liquidator properly classified a claim because a contractor failed to submit timely documentation in the insurer’s liquidation proceeding, a New York appeals court affirmed June 18 in a two-page decision (Superintendent of Financial Services of the State of New York v. Landlease [US] Construction LMB Inc., No. 402424/10, N.Y. Sup., App. Div., 1st Dept., 2019 N.Y. App. Div. LEXIS 4879)....