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  5. 149 A.D.2d 165 (1989)
 

CORCORAN v. HALL & CO.

149 A.D.2d 165 (1989)

James P. Corcoran, as Superintendent of Insurance of The State of New York, as Liquidator of Union Indemnity Insurance Company of New York, Respondent, v. Frank B. Hall & Co., Inc., et al., Appellants, et al., Defendants. (Action No. 1.) Connecticut Insurance Guaranty Association et al., Appellants, v. Frank B. Hall & Co., Inc., et al., Appellants. (Action No. 2.) American Centennial Insurance Company et al., Appellants, v. Frank B. Hall & Co., Inc., Appellants. (Action No. 3.)

Appellate Division of the Supreme Court of the State of New York, First Department.

August 17, 1989

Attorney(s) appearing for the Case

R. Mark Keenan of counsel (Anna S. Chacko, Randall E. Cooper, Philippa M. Haggar and J. Sicilianio with him on the brief; Anderson, Russell, Kill & Olick, attorneys), for respondent.

Joseph S. Allerhand of counsel (Weil, Gotshal & Manges, and Baer, Marks & Upham, attorneys), for Frank B. Hall & Co., Inc. and another, appellants.

Joseph C. Tanski of counsel (Andrew C. Jacobson with him on the brief; Whitman & Ransom, and Hutchins & Wheeler, attorneys), for appellants in action No. 2.

Jed Ringel of counsel (Laurence Greenwald and Nelson A. Boxer with him on the brief; Stroock & Stroock & Lavan, attorneys), for appellants in action No. 3.

Mark E. Davidson of counsel (Leon P. Gold, Harold Langsam and Resa Goldstein with him on the brief; Shea & Gould, attorneys), for Touche Ross & Co., appellant.

Daniel P. Levitt of counsel (Steven G. Yudin with him on the brief; Reid & Priest, attorneys), for Cloherty, Cullen, Holmes and Wiedemann, appellants.

SULLIVAN, J. P., ROSENBERGER and ELLERIN, JJ., concur.

ASCH, J.

Union Indemnity Insurance Company of New York (Union) became insolvent and the Supreme Court entered an order placing it in liquidation, pursuant to article 74 of the New York State Insurance Law. Plaintiff in action No. 1, James Corcoran, as Superintendent of Insurance of the State of New York, was appointed Union's liquidator, "vested with title to all the property, licenses, corporate charter, contracts...

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