Can I read Insurance Securities Levy Case Decision on EtoBox?
Insurance Securities Levy Case Decision by Mary Fatima Berongoy is a document available to read on EtoBox.
What is Insurance Securities Levy Case Decision about?
The Court of Appeals ruled that securities deposited by an insurance company can be subject to levy by a creditor to satisfy claims against the insurance company. The insurance company, Capital Insurance and Surety Co., appealed to the Supreme Court seeking reversal. The key issue is whether a counterbond issued by Capital Insurance to discharge a writ of preliminary attachment is valid and enforceable against the securities deposited by Capital Insurance with the Insurance Commission.
- Author
- Mary Fatima Berongoy
- Language
- EN