Bankruptcy, Insurance

If My Husband Goes Into A Nursing Home, Will I Lose My House?

by Hoffman DiMuzio on 5/6/2013

If it becomes necessary for your spouse to enter a nursing home for his or her long term care, the unknowns can be overwhelming. There may be many people ready to tell you what they have “heard” about Medicaid, such as,...more

Reinsurance Redux - April 2013

by Braden A. Borger, Amy S. Kline, Patrick Nugent, Sean T. O'Neill, Brian Simons, Matthew Smith | Saul Ewing LLP on 4/24/2013

In This Issue: - Assignment of Right to Collect on Reinsurance Treaty Held Not to Include Underlying Arbitration Clause: On February 25, 2013, the United States District Court for the Northern District of...more

Eleventh Circuit Holds Mental Anguish Claim Not Bodily Injury

by Traub Lieberman Straus & Shrewsberry LLP on 4/12/2013

In its recent decision in N.H. Ins. Co. v. Hill, 2013 U.S. App. LEXIS 7204 (11th Cir. Apr. 10, 2013), the United States Court of Appeals for the Eleventh Circuit, applying Florida law, had occasion to consider whether an...more

Is Your D&O Policy Bankrupt-Ready? 10 Underwriting Tips To Protect Your Directors and Officers

by Rachel Kronowitz | Gilbert LLP on 4/2/2013

Protection of the personal assets of board members and c-suit corporate officers through indemnification and insurance is a challenge for financially troubled companies seeking to retain and hire the best people to help...more

NFA Chairman Chris Hehmeyer Talks Bankruptcy Reform [Video]

by MarketsReformWiki on 4/2/2013

One of the issues that emerged from the MF Global collapse was the complex and often frustrating US bankruptcy process. In the case of MF Global, futures customers’ claims were lumped in with other creditors. As such, it took...more

Innovative Solutions Must Be Applied to Fronting Insurance and Collateral Problems in Bankruptcy

by Nicole Stefanelli, Andrew S. Zimmerman | Lowenstein Sandler LLP on 3/6/2013

Large businesses and organizations that self-insure their legally mandated insurance requirements often use “fronting” policies in which the policyholder must reimburse insurers for all losses and expenses paid on the...more

In the Matter of Krafft-Murphy Co., Inc., C.A. No. 6049-VCP (Del. Ch. Feb. 4, 2013) (Parsons, V.C.)

by Potter Anderson & Corroon LLP on 2/15/2013

In this opinion, the Court of Chancery denied a motion for judgment on the pleadings by certain asbestos claimants (the “Claimants”) seeking appointment of a receiver under 8 Del. C. § 279, holding that the dissolved...more

Indalex: What Are the Pension Implications?

by Anthony Devir, Ian McSweeney, Lesha Van Der Bij | Osler, Hoskin & Harcourt LLP on 2/11/2013

“When a business becomes insolvent, many interests are at risk. Creditors may not be able to recover their debts, investors may lose their investments and employees may lose their jobs. If the business is the sponsor of an...more

Employee Benefits in an Insolvency

by Domenico Magisano | Lerners LLP on 2/5/2013

In a judgment rendered in December 2012, the British Columbia Court of Appeal (“BC CA”) further clarified an insurer's priority for payment of unpaid health plan contributions. In Re: Ted Leroy Trucking Ltd. the bankrupt had...more

Boom or Bust: Third Party Rights Against Liability Insurers of Bankrupt Entities in Bermuda and the U.K.

by Alex Potts | Sedgwick LLP on 2/4/2013

In the recent case of Re Kingate Management Limited (in Provisional Liquidation) [2012] SC (Bda) 52 Com, the Supreme Court of Bermuda considered the statutory rights of third party claimants to assert direct claims against...more

Preserving a UM/UIM Carrier’s Right to Defend

by Ian Lambeets, Justin Ward | Sands Anderson PC on 1/4/2013

In its recent decision in Transportation Ins. Co. v. Womack, the Virginia Supreme Court held that uninsured/under-insured motorist (UM/UIM) carriers who cede control over litigation to a defendant or his liability carrier...more

What the Local Government Center’s Reorganization Means to Communities (And Taxpayers)

by Bernstein Shur on 12/13/2012

This New Hampshire Public Radio Broadcast features Bernstein Shur Attorney Andru Volinsky. The on-going fight between the state of New Hampshire and one of the nation’s largest insurance risk pool managers is an...more

Jennifer Black Strutt on In re: Federal-Mogul Global Inc.: Third Circuit Holds Bankruptcy Code Preempts Anti-Assignment...

by McCarter & English, LLP on 11/12/2012

Federal-Mogul Global, Inc., one of the world’s largest manufacturers of automobile parts, and over 150 affiliates (collectively “Federal-Mogul”), filed for Chapter 11 bankruptcy as a result of asbestos-related liabilities. At...more

Obamacare May Lead to Drop in Bankruptcies

by Lawyers.com on 9/26/2012

As the Patient Protection and Affordable Care Act gears into full implementation over the next two years, health insurance will be extended to millions of Americans who couldn’t previously afford it. With medical bills one of...more

Business Leasing and Finance News (BLFN) Summer Edition 2012

by Patton Boggs LLP on 8/20/2012

In This Issue: 1. Latest Decisions in Lease Accounting Project Cloud Industry’s Future 2. Aviation Industry Buffeted by FAA Plans for Non-Citizen Trusts 3. BLFN Case & Comment: Secured Creditors Win Back...more

Lumbermens Mutual Casualty Company Placed into Rehabilitation: What you should be doing to protect and prepare to assert your...

by Lowenstein Sandler LLP on 7/27/2012

On July 2, 2012, the Illinois Department of Insurance (IDOI) entered an Agreed Order of Rehabilitation against Lumbermens Mutual Casualty Company and American Manufacturers Mutual Insurance Company, which is the part of the...more

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Bankruptcy › Insurance

If My Husband Goes Into A Nursing Home, Will I Lose My House?

Reinsurance Redux - April 2013

Eleventh Circuit Holds Mental Anguish Claim Not Bodily Injury

Is Your D&O Policy Bankrupt-Ready? 10 Underwriting Tips To Protect Your Directors and Officers

NFA Chairman Chris Hehmeyer Talks Bankruptcy Reform [Video]

Innovative Solutions Must Be Applied to Fronting Insurance and Collateral Problems in Bankruptcy

In the Matter of Krafft-Murphy Co., Inc., C.A. No. 6049-VCP (Del. Ch. Feb. 4, 2013) (Parsons, V.C.)

Indalex: What Are the Pension Implications?

Employee Benefits in an Insolvency

Boom or Bust: Third Party Rights Against Liability Insurers of Bankrupt Entities in Bermuda and the U.K.

Preserving a UM/UIM Carrier’s Right to Defend

What the Local Government Center’s Reorganization Means to Communities (And Taxpayers)

Jennifer Black Strutt on In re: Federal-Mogul Global Inc.: Third Circuit Holds Bankruptcy Code Preempts Anti-Assignment...

Obamacare May Lead to Drop in Bankruptcies

Business Leasing and Finance News (BLFN) Summer Edition 2012

Lumbermens Mutual Casualty Company Placed into Rehabilitation: What you should be doing to protect and prepare to assert your...

10 Issues For Property Insurers Of Hard-Luck Insureds

Noteworthy Now: Sutherland Insurance Regulatory Mid-Year Review - July 20, 2012

Federal-Mogul Court Confirms That Bankruptcy Law Trumps Anti-Assignment Provisions in Insurance Policies

Your Home & The Law — 10 Things Your Real Estate Agent Won’t Mention

What if Your Insurer Goes Bankrupt and No One Tells You? Perspectives on Insurance Recovery Newsletter - Summer 2012

Insurance Policyholder Observer - June 2012

Intersections of Bankruptcy Law and Insurance Coverage Litigation

Arbitration Limitation: Ninth Circuit Holds That a Bankruptcy Court May Refuse to Enforce an Arbitration Clause

Points & Authorities - Spring 2012

NFA Chairman Chris Hehmeyer Talks Bankruptcy Reform [Video]

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