THE PEOPLE ex rel. ROBERT WILCOX, Director of Insurance, et al., Appellees,
v.
EQUITY FUNDING LIFE INSURANCE COMPANY. — (Bache & Co., Inc., et al., Appellants.)
Supreme Court of Illinois.https://leagle.com/images/logo.png
Opinion filed September 26, 1975.
Opinion filed September 26, 1975.
Attorney(s) appearing for the Case
Donald R. Harris, Joan M. Hall, and David P. Sanders, all of Chicago (Jenner & Block, of Chicago, and Marvin Schwartz, Ulric R. Sullivan, Barbara Ann Banoff, and Sullivan & Cromwell, all of New York, New York, of counsel), for appellants.
William J. Scott, Attorney General, of Springfield, and Gerard B. Gallagher, Special Assistant Attorney General, of Elmhurst (Alan R. Woodard, and Kadison, Phaelzer, Woodard, Quinn & Rossi, all of Los Angeles, California, of counsel), for appellee, the Director of Insurance.
Everett B. Clary and Robert J. White (O'Melveny & Myers, of counsel), all of Los Angeles, California, for appellee the trustee in bankruptcy.
Marshall B. Grossman, Jack Corinblit, Lowell E. Sachnoff, Wilber H. Boies, Michael R. Szolosi, William M. Kahn, Nathan H. Dardick, and Richard L. Bernacchi (Sachnoff, Schrager, Jones & Weaver, Ltd., and McDermott, Will & Emery, both of Chicago; Corinblit and Shapero, and Schwartz, Alschuler & Grossman, both of Los Angeles, California; William J. Brown, Attorney General, of Columbus, Ohio; and Whitman & Ransom, of New York, New York, of counsel), for other appellees.
Supreme Court of Illinois.
Judgment affirmed.
MR. JUSTICE RYAN delivered the opinion of the court:
This is an appeal to this court under Rule 302(b) (50 Ill.2d R. 302(b)) from the circuit court of Du Page County which entered an order approving an amended plan of liquidation for Equity Funding Life Insurance Company (EFLIC), a wholly owned subsidiary of Equity Funding Corporation of America (EFCA). The appeal has been taken by certain objectors to the approval of the amended plan of...
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