In re EXECUTIVE LIFE INSURANCE COMPANY in Conservation of Assets.
CHARLES QUACKENBUSH, as Insurance Commissioner, etc., Plaintiff and Respondent,
v.
AURORA NATIONAL LIFE ASSURANCE COMPANY et al., Defendants and Respondents; COMMERCIAL NATIONAL BANK IN SHREVERPORT et al., Defendants and Appellants.
Court of Appeals of California, Second District, Division Four.https://leagle.com/images/logo.png
February 15, 1995.
February 15, 1995.
Attorney(s) appearing for the Case
COUNSEL
Pillsbury Madison & Sutro, Philip S. Warden, John W. Grenfell, Kevin M. Fong, Mark Schallert, Robert L. Wallan, Maureen C. Dellinger, Thelen, Marrin, Johnson & Bridges, Gary L. Fontana, Jonathan E. Polonsky, Christine C. Franklin, Valarie H. Macht, Thomas P. Higgins, Haight, Brown & Bonesteel, Roy G. Weatherup and Jon M. Kasimov for Defendants and Appellants.
Weinberg & Green, Charles O. Monk II, Arthur F. Fergenson, Sherry H. Flax, Matthew G. Dobson, Fried, Frank, Harris, Shriver & Jacobson, Jed S. Rakoff, Howard W. Goldstein, Stephen D. Alexander, Manatt, Phelps & Phillips, Robert E. Hinerfeld as Amici Curiae on behalf of Defendants and Appellants.
Daniel E. Lungren, Attorney General, Edmond B. Mamer, Deputy Attorney General, Janice E. Kerr, Lorraine Johnson, Howard Rice, Nemerovski, Canady, Robertson, Falk & Rabkin, Jerome B. Falk, Jr., Steven L. Mayer, Peter J. Busch, Laurence F. Pulgram, Rubinstein & Perry, Karl L. Rubinstein and Dana Carli Brooks for Plaintiff and Respondent.
Pachulski, Stang, Ziehl & Young, Larry W. Gabriel, Iain A.W. Nasatir, McNitt, Edwards & Schraner, Roger L. McNitt, Andrew G. Loeb, Kenneth A. Zak, Brobeck, Phleger & Harrison, Kent M. Roger, G. Larry Engel, Esther H. Pang, David M. Higgins, Lillick & Charles, Stephen Oroza, John M. Rosenthal, Daar & Newman, Jeffery J. Daar, Rodney W. Loeb, Irell & Manella, Peter J. Gregora, Kenneth R. Heitz, Kevin A. Frankel, Robert Offer, Hopkins & Sutter, William Carlisle Herbert, Christopher W. Zibart, Mary Kay McCalla, William T. Casey, James M. Falvey, Parker, Milliken, Clark, O'Hara & Samuelian, Nowland C. Hong, Claire D. Johnson, Michael S. Simon, Buchalter, Nemer, Fields & Young, Jack I. Samet Stephen K. Lubega, Cheryl A. Orr, J. Karren Baker and John Ingersoll for Defendants and Respondents.
Court of Appeals of California, Second District, Division Four.
OPINION
THOMPSON, J.*
This is the fourth opinion of the Court of Appeal spawned by insolvency proceedings involving Executive Life Insurance Company (ELIC), a series which threatens to eclipse in scope, if not in time, the 30-year history of similar past litigation involving Pacific Mutual Life Insurance Company of California.1 In Texas Commerce Bank v. Garamendi...
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