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MATTER OF IDEAL MUTUAL INSURANCE COMPANY

4279, 40275/85.

82 A.D.3d 518 (2011)

918 N.Y.S.2d 441

In the Matter of IDEAL MUTUAL INSURANCE COMPANY. ALLSTATE INSURANCE COMPANY, Appellant, v. SUPERINTENDENT OF INSURANCE FOR THE STATE OF NEW YORK, Respondent.

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

Decided March 15, 2011.

The findings of the referee are supported by the record (see Nager v Panadis, 238 A.D.2d 135, 135-136 [1997]).

Claimant/objector has no "vested right" to share in the dividend distribution from this liquidation (see Matter of Hodes v Axelrod, 70 N.Y.2d 364, 369-370 [1987]). The 1992 order authorizing respondent to distribute assets in this proceeding was an initial order...

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