Learn About the Law
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
IN RE: ANCILLARY RECEIVERSHIP OF RELIANCE INSURANCE COMPANY. GZA GeoEnvironmental, Inc., Claimant-Appellant, v. New York State Liquidation Bureau, Respondent-Respondent.
Order, Supreme Court, New York County (Michael D. Stallman, J.), entered November 2, 2006, which denied claimant's motion to confirm and granted the liquidator's cross motion to disaffirm the report of the special referee, and denied the claim, unanimously affirmed, without costs.
The liquidator was not required to pay the claim resulting from the settlement. Its denial of the claim on the ground the settlement violated the stay was rational and within its broad power to implement the legislative policy embodied in the statutory liquidation scheme (see generally Matter of New York Pub. Interest Research Group v. New York State Dept. of Ins., 66 N.Y.2d 444, 448, 497 N.Y.S.2d 645, 488 N.E.2d 466 [1985] ). Contrary to claimant's contention, the liquidator, acting in its governmental capacity, was not subject to estoppel for failure to respond to claimant's requests to consent to the proposed settlement (see Serio v. Ardra Ins. Co., 304 A.D.2d 362, 761 N.Y.S.2d 1 [2003], lv. denied 100 N.Y.2d 516, 769 N.Y.S.2d 202, 801 N.E.2d 423 [2003] ). In any event, there was no basis for estoppel (see Baje Realty v. Cutler, 32 A.D.3d 307, 820 N.Y.S.2d 57 [2006] ).
In view of the foregoing, we need not reach the other grounds urged for affirmance. We have considered claimant's other contentions and find them unavailing.
Thank you for your feedback!
As the largest network of trusted legal brands, we help firms build authority across the platforms consumers and AI systems rely on most. Our network helps attorneys strengthen visibility, credibility, and preference where legal decisions begin.
Decided: June 07, 2007
Court: Supreme Court, Appellate Division, First Department, New York.
Search our directory by legal issue
Enter information in one or both fields (Required)
Harness the power of our directory with your own profile. Select the button below to sign up.
Learn more about FindLaw’s newsletters, including our terms of use and privacy policy.
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Search our directory by legal issue
Enter information in one or both fields (Required)