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MATTER NATIONAL HERITAGE LIFE INS. CO.

Civ. A. No. 13530.

656 A.2d 252 (1994)

In the Matter of the Rehabilitation of NATIONAL HERITAGE LIFE INSURANCE COMPANY.

Court of Chancery of Delaware, New Castle County.

Date Decided: October 17, 1994.

Attorney(s) appearing for the Case

Glenn C. Kenton, Stephen E. Herrmann, and Deborah E. Spivack of Richards, Layton & Finger, Wilmington, for Ins. Com'r of the State of Del., as Receiver for National Heritage Life Ins. Co. in Rehabilitation; Kramer, Levin, Naftalis, Nessen, Kamin & Frankel, New York City, of counsel.

Phebe S. Young and John J. Schreppler, II of Bayard, Handelman & Murdoch, P.A., Wilmington, for TPM Financial, Inc.

OPINION

ALLEN, Chancellor.

Pending is an application by the Insurance Commissioner of the State of Delaware for an order requiring TPM Holdings, Inc. ("TPM"), a non-resident of the State of Delaware, to turn over to the Commissioner certain documents, books and records claimed to be the property of National Heritage Life Insurance Company, a Delaware domestic insurance company in rehabilitation. TPM, by its counsel, has appeared to contest this court's jurisdiction...

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