COLLINS v. BAYLOR

Nos. 69 C 454-69 C 457.

302 F.Supp. 408 (1969)

Amelia and Inwood COLLINS, Florentine Castillo, Thomas Boyd, Leon Niecikowski, on behalf of themselves and others similarly situated, Plaintiffs, v. James BAYLOR, Director of Department of Insurance of State of Illinois, as Liquidator of Multi-State Inter-Insurance Exchange, and Charles J. Hoffman, Jr., Defendants. Albert GARY, Julion Giron, John H. McCullough, Lorraine Shaw, and Pierce Thomas, on behalf of themselves and others similarly situated, Plaintiffs, v. James BAYLOR, Director of Department of Insurance, State of Illinois, as Liquidator of Blackhawk Mutual Insurance Company, Defendant. Willie BAXTER, William Billups, Benjamin Brown, Raul Chavez, Carlos Delgado, Florentino Castillo, on behalf of themselves and others similarly situated, Plaintiffs, v. James BAYLOR, Director of Department of Insurance of State of Illinois, as Liquidator of Bell Mutual Casualty Company, and Phillip Kitzer, Sr., Defendants. Charles BALLENGER, Thomas Berry, Arvelio Cabrera, Ernesto Garcias, Charles Hampton and Florentino Castillo, on behalf of themselves and others similarly situated, Plaintiffs, v. James BAYLOR, Director of Department of Insurance of State of Illinois, as Liquidator of Adams Mutual Insurance Company, and Norman J. Schlossberg, Defendants.

United States District Court N. D. Illinois, E. D.

July 23, 1969.


Attorney(s) appearing for the Case

Gordon H. S. Scott, Alfred R. Lipton, John H. Schlegel, Chicago, Ill., for plaintiffs.

William J. Scott, Atty. Gen. of State of Ill., Jerome H. Torshen, Chicago, Ill., for defendants.

Feinberg & Fried, Chicago, Ill., for Norman J. Schlossberg.

George B. Collins, Chicago, Ill., for Charles Hoffman.


MEMORANDUM ORDER

NAPOLI, District Judge.

These four cases are predicated entirely on the Securities Exchange Act of 1934. They are brought by certain policyholders of four defunct automobile insurance companies on behalf of all others similarly situated. The plaintiffs seek the rescission of their policies and an injunction against the State Director of Insurance to prevent the collection of assessments under the contingent liability provisions of their...

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