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JEFFREY L. SCHAFFER (No. 91404)
ETHAN P. SCHULMAN (No. 112466)
HOWARD RICE NEMEROVSKI CANADY,
FALK & RABKIN
A Professional Corporation
Three Embarcadero Center, 7th Floor
San Francisco, California 94111-4024
Telephone: 415/434-1600
Facsimile: 415/217-5910
Attorneys for the Insurance Commissioner Of
The State Of California in his capacity as
Conservator, Rehabilitator and Liquidator of
Executive Life Insurance Company
SUPERIOR COURT OF THE STATE OF CALIFORNIA
COUNTY OF LOS ANGELES
INSURANCE COMMISSIONER OF THE
STATE OF CALIFORNIA,
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Applicant and Petitioner,
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v. |
EXECUTIVE LIFE INSURANCE
COMPANY, a California corporation,
NATIONAL ORGANIZATION OF LIFE
AND HEALTH GUARANTY
ASSOCIATIONS, and DOES 1 through
1000,
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Respondents.
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|
No. BS 006912
JUDGMENT IN
CONFORMITY WITH
FINAL ARBITRATION DECISION
Date: June 29, 2007
Time: 8:30 a.m.
Dep't: 36
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[PROPOSED] JUDGMENT IN CONFORMITY WITH FINAL
ARBITRATION DECISION
On June 29, 2007, the Petition by the Insurance Commissioner of the State of California, in his capacity as conservator, rehabilitator and liquidator (the "Commissioner") of Executive Life Insurance Company ("ELIC") for entry of an Order confirming the Final Decision in the arbitration between the Cornlnissioner and Respondent National Organization of Life and Health Insurance Guaranty Associations ("NOLHGA") (the "Final Arbitration Decision"), and for entry of a Judgment in conforinity therewith, came on regularly for hearing before the Court. The Petition was duly served and filed, and all interested parties appeared through their counsel of record. The Court finds that there are no grounds for it to correct or vacate the Final Arbitration Decision, or to dismiss the proceeding. Accordingly, and good cause appearing therefor,
IT IS HEREBY ORDERED, ADJUDGED AND DECREED that the Final Arbitration Decision is hereby confirmed as made, and that judgment is hereby entered in conformity therewith.
| Dated: 29 JUN 2007 |
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By: Gregory W. Alarcon HON. GREGORY ALARCON
JUDGE OF THE SUPERIOR COURT |
