EDMUND G. BROWN JR.
Attorney General of the State of California
W. DEAN FREEMAN
Supervising Deputy Attorney General
LISA W. CHAO, SBN 198536
Deputy Attorney General
MARTA L. SMITH, SBN 101955
Deputy Attorney General
300 South Spring Street, Room 1702
Los Angeles, California 90013
Telephone: (213) 897-2481
Fax: (213) 897-5775
Attorneys for Applicant Insurance Commissioner
of the State of California, in his capacity as the
Liquidator of Fremont Indemnity Company
SUPERIOR COURT OF THE STATE OF CALIFORNIA
COUNTY OF LOS ANGELES - CENTRAL CIVIL WEST
INSURANCE COMMISSIONER OF THE
STATE OF CALIFORNIA, |
Applicant, |
v. |
FREMONT INDEMNITY COMPANY, |
Respondent.
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CASE NO. BS083582
[Assigned for All Purposes to
the Honorable William Highberger]
ORDER APPROVING
LIQUIDATOR'S PROPOSAL TO
DISBURSE ASSETS TO STATE
INSURANCE GUARANTEE
ASSOCIATIONS OR FUNDS
Date: October 5, 2009
Time: 1:30 p.m.
Dept: CCW-307
Judge Honorable William Highberger
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The Sixth Verified Application for Order Approving Liquidator's Proposal to Disburse Assets to State Insurance Guarantee Associations or Funds of the Insurance Commissioner of the State of California, in his capacity as Liquidator of Fremont Indemnity Company ("Liquidator"), was heard in Department 307 of the above-entitled court, on October 5, 2009, at 1:30 p.m., the Honorable William Highberger, presiding. Having read and considered the application, the Memorandum of Points and Authorities submitted in support thereof and, argument having been heard and good cause appearing,
IT IS HERBY ORDERED that:
- The application is granted;
- The Liquidator is authorized to disburse $50,000,000.00 of the assets of Fremont Indemnity Company in liquidation to the state insurance guarantee associations or funds, subject to final adjustments of the disbursement amount; and
- The Liquidator is authorized to take any and all action necessary to accomplish the purposes of this Order.
Date: 10/5 , 2009 |
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Judge of the Superior court |