INVESTORS EQUITY LIFE HOLDING CO. v. SCHMIDT

No. G042806.

195 Cal.App.4th 1519 (2011)

INVESTORS EQUITY LIFE HOLDING COMPANY, Plaintiff and Appellant, v. JEFFREY P. SCHMIDT, as Insurance Commissioner, etc., et al., Defendants and Respondents.

Court of Appeals of California, Fourth District, Division Three.

As modified June 15, 2011.


Attorney(s) appearing for the Case

Lewis Brisbois Bisgaard & Smith, Joseph K. Hegedus , Roy G. Weatherup , Kenneth D. Watnick , Joseph R. Lordan ; Parker Shumaker & Mills, David B. Parker and Theodore W. Frank for Plaintiff and Appellant.

Locke Lord Bissell & Liddell, C. Guerry Collins , Conrad V. Sison and Michelle C. Ferrara for Defendants and Respondents Jeffrey P. Schmidt, individually and as Liquidator of Investors Equity Life Insurance Company of Hawaii, Ltd., Lawrence M. Reifurth, individually and as Rehabilitator of Investors Equity Life Insurance Company of Hawaii, Ltd., Kerry M. Komatsubara, individually and as Special Deputy Liquidator of Investors Equity Life Insurance Company of Hawaii, Ltd., McCorriston Miller Mukai MacKinnon, William C. McCorriston and John Y. Yamano.

Daley & Heft and Lee H. Roistacher for Defendants and Respondents Jeffrey P. Schmidt, individually and as Hawaii Insurance Commissioner, Lawrence M. Reifurth, individually and as Hawaii Insurance Commissioner, and Timothy P. Bogan.

Reed Smith , Bernard P. Simons , Zareh A. Jaltorossian ; Rothgerber Johnson & Lyons, Franklin D. O'Loughlin , Cindy C. Oliver and Tamara F. Goodlette for Defendants and Respondents Hawaii Life and Disability Insurance Guaranty Association, Hawaii Association Grantor Trust, Fred A. Buck and Buck & Associates.


OPINION

RYLAARSDAM, Acting P. J.

Plaintiff Investors Equity Life Holding Company filed this action in California against several defendants, including the current Hawaii Insurance Commissioner, several of his predecessors, employees of the commissioner, the law firm and individual lawyers representing the commissioner, plus the Hawaii Life and Disability Insurance Guaranty Association (Association). The first amended complaint alleges...

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