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PEOPLE EX REL. GERBER v. CENTRAL CASUALTY

No. 40216.

37 Ill.2d 392 (1967)

226 N.E.2d 862

THE PEOPLE ex rel. Joseph S. Gerber, Director of Insurance, Appellee, v. CENTRAL CASUALTY COMPANY. — (THE EXCHANGE NATIONAL BANK OF CHICAGO, Appellant.)

Supreme Court of Illinois.

Opinion filed May 18, 1967.

Attorney(s) appearing for the Case

BROWN, DASHOW & LANGELUTTIG, of Chicago, (JACK JOSEPH and PETER R. MONAHAN, of counsel,) for appellant.

L. LOUIS KARTON, of Chicago, for appellee.

Reversed and remanded.

Mr. JUSTICE SCHAEFER delivered the opinion of the court:

The issue in this case concerns the propriety of the exercise of summary jurisdiction by a court in which an insurance company is being liquidated pursuant to article XIII of the Insurance Code. (Ill. Rev. Stat. 1961, chap. 73, pars. 799-833.) The Director of Insurance of the State of Illinois, as liquidator of Central Casualty Company...

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