HomeMy WebLinkAbout2506 ~G J
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IN THE CIRCUIT COURT OF TNE ~
SECOtiD JUDICI4L CIRCUIT, IN ~ ~
AND FOR LEOJ~ COUI~TY, FLORIDA
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CIVIL ACTION h0. 75-110
STATE OF FLORIDA, ex rel.
?he Department of Insurance ~
of the State of Florida, ) -
t
Relator, ) ;
vs. )
FINANCIAL FIRE~AND ) ~
CASUALTY CObfPANY, a ~
Florida corporation )
autho~rized to transact !
an insurance business, ) ~
Respondent. ) '
ORDER APPOINTING RECEIVER FOR
PURPOSES OF REHABILITATION
_ THIS CAUSE came on to be heard on the Petition and Order to
Show Cause and the parties having appeared by their respective counsel,
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the Respondent being reFresented by Bennett Feldman of the Miami, ~
~ Florida law firm of Ciravolo and Feldman and the Court be~ing fully
~ advised in the premises finds: ~
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E 1. The Respondent by resolution of its Board of Directors
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~ and by and through stipulation of counsel has admitted that grounds for ~
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~ placing the company in receivership for purposes of Rehabilitation under
~ the previsions of Section 631, Florida Statutes, Part I, presently exist
and has consented to the entry of such an order by this Court.
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~ 2. The Respondent has by stipulation of counsel agreed to
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~ kaive any objections to venue in this proceeding.
~ 3. The Respondent has indicated to the Department of Insurance
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' and this Court that it wishes to present a plan for rehabilitation of
~ the company. - °
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~ 4. Respondent has among its assets securities on deposit i
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~ c;ith the Treasurer of the State of Florida, in the approximate par ~
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~ value of ~533,000.00. . '
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