Bankruptcy, Insurance, Civil Procedure

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

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

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

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

Insurance Policyholder Observer - June 2012

by Orrick, Herrington & Sutcliffe LLP on 6/18/2012

In This Issue: - The Settlement Dilemma: When a Policyholder and Insurer Disagree on Settlement - Orrick Lawyers Gain Key Trial Victory for CITGO Petroleum on Rights to Coverage - Virginia Supreme Court...more

Court Denies Pennsylvania Insurance Department’s Move To Liquidate Two Long-Term Care Insurers

by Ballard Spahr LLP on 5/10/2012

The Commonwealth Court of Pennsylvania has rejected the efforts of the Pennsylvania Insurance Department (PID) to liquidate two long-term care insurance (LTCI) companies domiciled in Pennsylvania. The ruling in Consedine v....more

In re Thorpe Insulation Company: The Non-Settling Insurers Strike Back

by Cadwalader, Wickersham & Taft LLP on 3/1/2012

On January 24, 2012, Judge Ronald M. Gould of the U.S. Court of Appeals for the Ninth Circuit held that an appeal filed by certain insurance companies with respect to a plan confirmation order was not moot and that such...more

New York Court Addresses Impact of Allowing Insured to Default

by Traub Lieberman Straus & Shrewsberry LLP on 2/3/2012

In its recent decision in Sunnyside Dev. Co., LLC v. Chartis Specialty Ins. Co., 2012 U.S. Dist. LEXIS 9392 (S.D.N.Y. Jan. 26, 2012), the United States District Court for the Southern District of New York demonstrated the...more

Insurance Legal News - July/August 2011 • Volume 4, Number 4

by Dickinson Wright on 8/15/2011

In This Issue: - FEDERAL HEALTH CARE LEGISLATION UPDATE by Cynthia A. Moore, Member - MICHIGAN SENATE PASSES HEALTH INSURANCE CLAIMS ASSESSMENT LEGISLATION - TENNESSEE REVISES CAPTIVE INSURANCE LAW by John E....more

Be Careful What You Wish For, You Just Might GIT It

by Gilbert LLP on 6/7/2011

Originally published in Law 360 - June 7, 2011. The Third Circuit recently reached a sharply divided en banc decision concerning insurer standing to object to a debtor-policyholder’s bankruptcy plan in In re Global...more

New York’s Highest Court Requires Policyholder-Specific Choice-of-Law Analysis by Insurers in Liquidation

by Morgan Lewis on 4/21/2011

The New York Court of Appeals decision on April 5, in the Midland Insurance Company liquidation (In re Liquidation of Midland Insurance Company1) is an important affirmation of policyholder rights. In this decision, New...more

Delaware Bankruptcy Court Sheds Light on The Common Interest Doctrine Preventing The Waiver of Privileged Communications

by Reed Smith on 11/2/2010

The United States Bankruptcy Court for the District of Delaware (the "Delaware Bankruptcy Court"), recently in In re Leslie Controls, Inc., Bankr. D. Del., Case No. 10-12199, expounded on whether attorney-client and attorney...more

Filing Bankruptcy During Civil Litigation

by Christine Wilton on 10/5/2009

Debtor strategy during civil litigation...more

The United States Supreme Court Applies Equitable Principles in Favor of Insurers in Enforcing Settlement Trust Order by...

by Barger & Wolen on 6/30/2009

The Supreme Court in Travelers Indemnity Company v. Bailey, 57 U.S. ___ (2009) last week reversed a Second Circuit opinion that could have caused insurance companies concerns when contributing to a settlement fund to resolve...more

Home

Legal News

Find a Lawyer

Browse Subjects

Subscribe

Pro Services

For Reporters

Bankruptcy › Insurance › Civil Procedure