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IN RE GEE

Bankruptcy Nos. 85 B 10402 (TLB), 85 B 10457 (TLB).

53 B.R. 891 (1985)

In re Allan GEE, as Official Liquidator of Universal Casualty & Surety Company (In Liquidation) pursuant to the Companies Law of the Cayman Islands, British West Indies. In re UNIVERSAL CASUALTY & SURETY CO. LTD., a/k/a Casualty and Indemnity Co., Ltd., Debtor. UNIVERSAL CASUALTY & SURETY CO. LTD., a/k/a Casualty and Indemnity Co., Ltd., Plaintiff, v. Allan GEE, as Official Liquidator of Universal Casualty and Surety Company Ltd. (In Liquidation) pursuant to The Companies Law of the Cayman Islands, British West Indies, Defendant.

United States Bankruptcy Court, S.D. New York.

October 18, 1985.

Attorney(s) appearing for the Case

Booth, Marcus & Pierce, New York City by Edgar H. Booth, for Tansure, Ltd., et al.

Alan W. Faigin, Los Angeles, Cal., for Fremont Indem. Corp. and Maxi Care.

Wofsey, Certilman, Haft, Lebow & Balin, New York City by Martin Brecker, John Preefer, Jeffrey W. Levitan, for debtor.

White & Case, New York City by Allan Gropper, Dwight Healy, Robert S. Herbst, Aldo A. Badini, for Allan Gee.

Cornelius Blackshear, U.S. trustee for the S.D. of N.Y., New York City by Victor Abrunzo.

Oppenheim & Rosenstein, New York City by Jerome Oppenheim, for Shah & Reddy.

Carro, Spanbock, Fass, Geller, Kaster & Cuiffo, New York City by Charles D. Bock, Jeffrey K. Cymbler, for Lloyd's of London and Syndicates 700, 701, 667 and T.L. Clowes.

TINA L. BROZMAN, Bankruptcy Judge.

In this international chess game the players are a defunct Cayman Islands reinsurance company whose management is in New York, creditors are in three continents and records are in Mexico, New York and London and a liquidator of the reinsurance company appointed by the Grand Court of the Cayman Islands. The adversaries have each filed a petition for relief in this court. The liquidator filed one pursuant to section 304 of the Bankruptcy...

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