FABE v. PROMPT FINANCE, INC.

No. 93-274.

69 Ohio St.3d 268 (1994)

FABE, SUPERINTENDENT OF INSURANCE, APPELLANT, v. PROMPT FINANCE, INC., APPELLEE.

Supreme Court of Ohio.

Decided May 11, 1994.


Attorney(s) appearing for the Case

Lee I. Fisher, Attorney General; Emens, Kegler, Brown, Hill & Ritter Co., L.P.A., William J. Brown, John P. Brody, Richard W. Schuermann and Paul L. Hokemeyer, for appellant.

Jones, Day, Reavis & Pogue, Fordham E. Huffman and Sara M. Allswede, for appellee.


DOUGLAS, J.

This appeal presents two questions for our consideration. The first issue concerns the authority of the Superintendent to prohibit transfers of property where the transfer would be in violation of a supervision order, and the authority of a court of common pleas to issue a ruling necessary to enforce an order of the Superintendent. The second question is whether the trial court erred in concluding that the guaranty agreement, as secured by the letter of...

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