MATTER OF LIQUIDATION OF PRESTIGE CAS. CO.

No. 1-94-2629.

659 N.E.2d 50 (1995)

276 Ill.App.3d 698

213 Ill.Dec. 420

In the Matter of the LIQUIDATION OF PRESTIGE CASUALTY COMPANY.

Appellate Court of Illinois, First District, Fourth Division.

November 30, 1995.


Attorney(s) appearing for the Case

Wein & Associates, Grace Elizabeth Wein of Wein & Associates, P.C., Chicago, for Appellant.

James W. Schacht, Acting Director of Insurance of the State of Illinois, John B. Simon, Larry M. Wolfson and Kristina M. Enter of Jenner & Block, Chicago, (Peter G. Gallanis and Paige D. Waters, of Counsel), for Appellee.

Illinois Insurance Guaranty Fund, Thomas W. Jenkins, Timothy M. Maggio and Elizabeth Hoskins Dow of Lord, Bissell & Brook, Chicago, for Amicus Curiae.


Justice CAHILL delivered the opinion of the court:

The law firm of Wein & Associates P.C. (Wein) represented insureds of Prestige Casualty Company (Prestige), a domestic insurance company. A court found Prestige insolvent under Article XIII of the Illinois Insurance Code (Code) on July 26, 1994, and entered an Order of Liquidation. 215 ILCS 5/187 (West 1993).

Wein was counsel of record on over 1600 lawsuits pending against Prestige at the time of the liquidation...

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