MARINE MIDLAND BANK v. HOME INSURANCE COMPANY


263 A.D.2d 374 (1999)

693 N.Y.S.2d 550

MARINE MIDLAND BANK, Respondent, v. HOME INSURANCE COMPANY, Appellant, et al., Defendants.

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

Decided July 8, 1999.


Sister State administrative findings, made in the context of a proceeding to review the propriety of appellant's acquisition by another insurance company in light of the interests of its policyholders and shareholders, do not warrant dismissal of the instant fraudulent conveyance action against appellant on the grounds of full faith and credit or comity. Even assuming that the doctrine is applicable to the administrative order in question (but see, Home Ins. Co. v Olympia...

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