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WILCOX v. ANCHOR WATE, CO.

No. 20050324.

164 P.3d 353 (2007)

2007 UT 39

Robert E. WILCOX, Utah Insurance Commissioner, as Liquidator of Southern American Insurance Company, Plaintiff and Appellee, v. ANCHOR WATE CO., Permanent Concrete, Inc., and Lafarge Corporation, Defendants and Appellants.

Supreme Court of Utah.

Rehearing Denied May 9, 2007.

Attorney(s) appearing for the Case

Craig Carlile, Brent D. Wride, Elaine A. Monson, Salt Lake City, for plaintiff.

Cass C. Butler, Mark L. Callister, Salt Lake City, for defendants.

AMENDED OPINION

PARRISH, Justice:

¶ 1 Plaintiff Robert Wilcox ("Liquidator"), as liquidator for the Utah Insurance Department, brought this action against defendants Anchor Wate Company and its related companies ("Anchor Wate" or the "insured"), alleging that $3.5 million in payments that Anchor Wate had received from Southern American Insurance Company ("SAIC" or the "insurer") constitute voidable preferences under the Utah Insurers Rehabilitation...

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