Court of Appeals for the Ninth Circuit September 14, 1981, Nos. 79-3315, 79-3321 (Excess & Casualty Reinsurance Ass'n v. Insurance Commissioner of California)

CHOY, Circuit Judge:

This case, which is one of first impression in this circuit, calls upon us to determine who should receive reinsurance proceeds upon the insolvency of a reinsured company. We affirm the judgment below, which found that the statutory receiver was the appropriate recipient of such proceeds.

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