Examples of ACE Companies in a sentence
Prior to the Petition Date, the ACE Companies issued certain insurance policies (as renewed, amended, modified, endorsed or supplemented from time to time, collectively, the “Policies”) to the Debtors as named insureds.
The ACE Companies specifically reserve and preserve all rights with respect to such non-monetary obligations including, but not limited to, the right to amend this Proof of Claim to assert a claim for amounts incurred by the ACE Companies based on any failure of the insureds to satisfy such non-monetary obligations.
The ACE Companies and BMC contend that the priority provisions of RSA 402-C:44 facially prohibit administrative cost payments to an entity which is also a lower priority creditor.
On a failed save, you push the target up to 15 feet away from you.More Dice.
As of the date of this Proof of Claim, each of the Debtors are jointly and severally liable to the ACE Companies in a contingent and unliquidated amount (the “Claim”) for the Obligations.
First, the ACE Companies and BMC argue that the court failed to apply the controlling multi-factored standard for fairness and reasonableness.
Once these claims were allowed, the liquidator would submit them to the ACE Companies and other reinsurers of Home to recover reinsurance payments.
However, because the Policies are part of the ACE Insurance Program, the ACE Companies have included them herein and reserve all rights with respect thereto including, but not limited to, amending this Proof of Claim to assert any amounts that may become due thereunder.
The superior court issued an order on April 29, 2004, which ruled that the liquidator was authorized under RSA 402-C:25 to enter into the proposed agreement with the AFIA Cedents, and that the proposed agreement was “consistent with the goals and purpose of the statute to protect the interests of the insureds and creditors.” The ACE Companies and BMC appealed.
As the ACE Companies and BMC correctly point out, we issued an order on September 13, 2004, vacating the superior court’s April 29, 2004 order in which it determined that the proposed agreement was lawful and consistent with the goals and purpose of RSA chapter 402-C.