CHARLES QUACKENBUSH, as Insurance Commissioner, etc., Plaintiff and Respondent,
v.
MISSION INSURANCE COMPANY, Defendant; MARK BOOZELL, as Insurance Director, etc., et al., Claimants and Appellants; INSURANCE GUARANTY ASSOCIATIONS, Interveners and Respondents.
Court of Appeals of California, Second District, Division One.https://leagle.com/images/logo.png
March 26, 1998.
March 26, 1998.
Attorney(s) appearing for the Case
COUNSEL
Debra J. Hall, Munger, Tolles & Olson, Joseph D. Lee, Rachel M. Capoccia, Debevoise & Plimpton, Donald Francis Donovan, Carl Micarelli, Sidley & Austin, James M. Harris, Thomas E. Patterson, Robert A. Holland, James R. Stinson, William M. Sneed, Rudnick & Wolfe, Stephen W. Schwab, Elizabeth A. Graber, Pachulski, Stang, Ziehl & Young, Iain A.W. Nasatir, Katten, Muchin & Zavis, Stuart M. Richter, Raymond Wu, Clay A. Tillack, Ronald S. Betman, Mendes & Mount and Mark S. Facer for Claimants and Appellants.
William W. Palmer, Rubinstein & Perry, Karl L. Rubinstein, Dana Carli Brooks and Melissa S. Kooistra for Plaintiff and Respondent.
Lord, Bissell & Brook, Thomas W. Jenkins, C. Guerry Collins, Rowe W. Snider and Charissa Dorian for Interveners and Respondents.
Court of Appeals of California, Second District, Division One.
OPINION
ORTEGA, J.
This is the second appeal involving Insurance Commissioner Charles Quackenbush's proposed liquidation plans for Mission Insurance Company, an insolvent insurer whose termination the Commissioner is managing.1 "Mission both bought and sold reinsurance, in which the reinsured contracted with other insurance companies to exchange some of its policyholders' premiums for indemnity against...
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