CURIALE v. ARDRA INS. CO., LTD.


211 A.D.2d 473 (1995)

621 N.Y.S.2d 315

Salvatore R. Curiale, Superintendent of Insurance of The State of New York, as Liquidator of Nassau Insurance Company, Respondent, v. Ardra Insurance Company, Ltd., et al., Appellants. (And a Third-Party Action.)

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

January 12, 1995


The pertinent facts in the underlying action, brought by the plaintiff Superintendent of Insurance, acting as Liquidator of an insolvent insurance company, Nassau Insurance Company ("Nassau"), seeking to recover reinsurance proceeds exceeding $10 million allegedly due Nassau under three reinsurance agreements from defendant Ardra, a Bermudian reinsurer, and also seeking to pierce the corporate veil of Ardra so as to hold the DiLoreto...

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