Justice Asks For Input Regarding Proposed Ancillary Receivership

(January 25, 2016, 7:23 AM EST) -- NEW YORK — A New York justice on Jan. 5 issued an order to show cause why the state’s superintendent of financial services should not be appointed as ancillary receiver of an insolvent Pennsylvania insurer (In the Matter of Lincoln General Insurance Company, No. 450003/2016, N.Y. Sup., New York Co.).

(Order to show cause available. Document #10-160129-011R.)

Shirin Emami, acting superintendent of financial services of the State of New York, petitioned the New York County Supreme Court on Dec. 30, 2015, for an order appointing her...
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