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MURPHY CO. v. RESERVE INS. CO.

54 N.Y.2d 69 (1981)

G. C. Murphy Company, Appellant, et al., Plaintiffs, v. Reserve Insurance Company, Respondent, et al., Defendants. (And a Third-Party Action.)

Court of Appeals of the State of New York.

Decided October 29, 1981.

Attorney(s) appearing for the Case

C. Raymond Nelson and Eugene Wollan for appellant.

John N. Gavin, of the Illinois Bar, admitted on motion pro hac vice, and Nicholas R. Perrella for respondent.

Chief Judge COOKE and Judges GABRIELLI, JONES, WACHTLER, FUCHSBERG and MEYER concur.

JASEN, J.

On this appeal, we are called upon to reconcile various provisions of the Uniform Insurers Liquidation Act. (Insurance Law, § 517 et seq.) The specific question presented is whether, absent the appointment of an ancillary receiver in this State, a claim asserted in a New York action against an out-of-State insurance company that is undergoing liquidation...

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