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MATTER OF CALLON PETROLEUM COMPANY v. SUPERINTENDENT OF INSURANCE OF THE STATE OF NEW YORK

53 A.D.3d 845 (2008)

863 N.Y.S.2d 92

In the Matter of CALLON PETROLEUM COMPANY, Appellant, v. SUPERINTENDENT OF INSURANCE OF THE STATE OF NEW YORK, as Rehabilitator of FRONTIER INSURANCE COMPANY, Respondent.

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

Decided July 10, 2008.

Lahtinen, J.

Respondent is the rehabilitator of Frontier Insurance Company. The factual background is set forth in detail in related court matters, in which petitioner's $2.7 million default judgment against Frontier was upheld (Callon Petroleum Co. v Frontier Ins. Co., 351 F.3d 204 [2003]) and the value of the claim was determined to be fixed at such amount in the rehabilitation (Matter of Frontier Ins. Co.,

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