Case Name: In the Matter of the Liquidation of Union Indemnity Insurance Company of New York; Royal Bank and Trust Company, Respondent, v. James P. Corcoran, as Superintendent of Insurance of the State of New York, and as Liquidator of the Union Indemnity Insurance Company of New York, Appellant
Court: New York Court of Appeals
Jurisdiction: New York
Decision Date: 1992-11-18
Citations: 80 N.Y.2d 983
Docket Number: 
Parties: In the Matter of the Liquidation of Union Indemnity Insurance Company of New York. Royal Bank and Trust Company, Respondent, v James P. Corcoran, as Superintendent of Insurance of the State of New York, and as Liquidator of the Union Indemnity Insurance Company of New York, Appellant.
Judges: 
Reporter: New York Reports
Volume: 80
Pages: 983–986

Head Matter:
In the Matter of the Liquidation of Union Indemnity Insurance Company of New York. Royal Bank and Trust Company, Respondent, v James P. Corcoran, as Superintendent of Insurance of the State of New York, and as Liquidator of the Union Indemnity Insurance Company of New York, Appellant.
Argued October 21,1992;
decided November 18, 1992
APPEARANCES OF COUNSEL
Herzfeld & Rubin, P. C., New York City (David B. Hamm. and Herbert Rubin of counsel), and William F. Jerome, New York City, for appellant.
Gibson, Dunn & Crutcher, New York City (Jerry J. Strochlic and Edward T. Ferguson, III, of counsel), and Thomas A. Harnett, New York City, for respondent.

Opinion:
OPINION OF THE COURT
Order affirmed, with costs, for the reasons stated in the opinion of Justice Ira Gammerman at Supreme Court, New York County (148 Misc 2d 863), except insofar as it discusses the superseding legislation and the reasons for its enactment.
Concur: Acting Chief Judge Simons and Judges Kaye, Ti-tone, Hancock, Jr., Bellacosa and Smith.