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COMMISSIONER OF INS. v. ALBINO

Docket No. 194261.

572 N.W.2d 21 (1997)

225 Mich. App. 547

COMMISSIONER OF INSURANCE of the State of Michigan, Plaintiff-Appellee, v. George R. ALBINO, William H. Alexander, John D. Allan, William Benton, Conrad M. Black, Bennett A. Brown, Patrick D. Burns, Paul G.S. Cantor, William D. Douglas, Mark E. Edwards, Kenneth E. Field, Nan-B de Gaspe Beaubien, Irving R. Gerstein, Anthony F. Griffiths, Sir Anthony S. Jolliffe, Thomas E. Ladner, George E. Mara, Robert W. Martin, David McCamus, Ceryl E. McLean, Andre Monast, Michael Regester, John Rhind, Michael Rosenfelder, Borden D. Rosiak, Michael J. White, Adam H. Zimmerman, Harrit Trust and Savings Bank, Ernst & Young LLP, Defendants, Ernst & Young-Canada, Defendant/Appellant.

Court of Appeals of Michigan.

Decided September 30, 1997, at 9:00 a.m.

Released for Publication December 23, 1997.

Attorney(s) appearing for the Case

Bodman, Longley & Dahling, LLP by James J. Walsh and Sarah Heisler Gidley, Detroit, and Cadwalader, Wickersham & Taft by Gregory M. Petrick and Jane K. Rushton, New York City, for plaintiff-appellee.

Butzel Long by Philip J. Kessler and Timothy E. Galligan, Detroit (Davis, Polk & Wardwell by Daniel F. Kolb, Robert R. Strang, and Jerome G. Snider, New York City, and Sutherland, Asbill & Brennan, by John A. Chandler, Elizabeth Vranicar Tanis, and Amelia Toy Rudolph, Atlanta, GA, of counsel), for Ernst & Young-Canada.

Before JANSEN, P.J., and SAAD and M.D. SCHWARTZ, JJ.

SAAD, Judge.

I

Nature of the Case

This case arises out of the financial collapse of Confederation Life Insurance Company (CLIC), the largest insurance insolvency in North American history.

A foreign partnership, Ernst & Young-Canada (E & Y-Canada), challenges the Michigan courts' power to adjudicate a breach of contract and tort case brought against it by the Michigan Commissioner of Insurance (Insurance Commissioner or IC). The...

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