STATE v. NATIONAL AUTOMOBILE INSURANCE COMPANY


290 A.2d 675 (1972)

STATE of Delaware, Plaintiff, v. NATIONAL AUTOMOBILE INSURANCE COMPANY, a Delaware corporation, Defendant.

Court of Chancery of Delaware, New Castle.

April 6, 1972.


Attorney(s) appearing for the Case

Robert W. Wakefield, Wilmington, Receiver, William Poole, of Potter, Anderson & Corroon, Wilmington, and William H. Bennethum, Wilmington, for National Automobile Ins. Co.

Steven J. Rothschild, of Prickett, Ward, Burt & Sanders, Wilmington, for claimants.


DUFFY, Chancellor:

The matter for decision involves the claims of Lynn A. Pearce, Leora Pearce, Harry McDonald, and State Farm Mutual Automobile Insurance Company against National Automobile Insurance Company which is in receivership under the insolvency statute, 8 Del.C. § 291.

A.

Given the time which has passed since the happening of the events involved in these claims, the record is understandably thin. But it is undisputed that the individual...

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