IN THE MATTER OF UNION INDEMNITY INSURANCE COMPANY OF NEW YORK. THE ROYAL BANK AND TRUST COMPANY, RESPONDENT, v. JAMES P. CORCORAN, SUPERINTENDENT OF INSURANCE OF THE STATE OF NEW YORK, &C., APPELLANT.

80 N.Y.2d 983, 607 N.E.2d 811, 592 N.Y.S.2d 664 (1992).
November 18, 1992

1 No. 261
Decided November 18, 1992

This memorandum is uncorrected and subject to revision before publication in the New York Reports.

David B. Hamm, for Appellant.
Jerry J. Strochlic, for Respondent.

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Order affirmed, with costs, for the reasons stated in the opinion of Justice Ira Gammerman at Supreme Court, New York County (148 Misc 2d 863), except insofar as it discusses the superseding legislation and the reasons for its enactment. Acting Chief Judge Simons and Judges Kaye, Titone, Hancock, Bellacosa and Smith concur.

IN THE MATTER OF UNION INDEMNITY INSURANCE COMPANY OF NEW YORK. THE ROYAL BANK AND TRUST COMPANY, RESPONDENT, v. JAMES P. CORCORAN, SUPERINTENDENT OF INSURANCE OF THE STATE OF NEW YORK, &C., APPELLANT.

80 N.Y.2d 983, 607 N.E.2d 811, 592 N.Y.S.2d 664 (1992). November 18, 1992

80 N.Y.2d 983, 607 N.E.2d 811, 592 N.Y.S.2d 664 (1992).
November 18, 1992