In Re First Assured Warranty Corp.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• rejecting reasoning of Advanced Cellular and Amwest, and holding that “[t]he fact that a federal action may have a financial impact on the assets of the insolvent insurer’s estate does not necessarily indicate a state’s liquidation proceeding is ‘impaired.””
• although it had no ongoing business to rehabilitate, debtor’s filing of Chapter 11 to achieve an orderly liquidation was not in bad faith

Source: CourtListener parenthetical corpus (CC0).