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Civil Remedies Insurance Bankruptcy

Read Civil Remedies updates, alerts, news, and legal analysis from leading lawyers and law firms:

Claims Bar Date Creates Trap for Unwary in Reliance Insurance Company Liquidation

by Reed Smith on

The Commonwealth Court of Pennsylvania has established March 31, 2016, as the Claims Bar Date in the Reliance Insurance Company Liquidation. Policyholders and claimants may think that if they file a claim on March 31, 2016,...more

High Court Approves Amending Scheme for Orion and London and Overseas

by K&L Gates LLP on

On October 29, 2015, the High Court of Justice of England and Wales (“High Court”) issued an order (“Order”) approving an Amending Scheme of Arrangement (“Amending Scheme”) for two insolvent London Market insurers, OIC...more

Is an Underinsured Motorist Policy Subject to the Automatic Bankruptcy Stay?

by Collins & Lacy, P.C. on

Imagine: an employee is injured in a car accident with another driver who is at fault. The employee settles with the at-fault driver for the limits of her liability policy. The employee, whose injuries exceed the at-fault...more

Addressing an issue of first impression, Connecticut Supreme Court concludes that Insurance Guaranty Association is not estopped...

by Melito & Adolfsen on

In Connecticut Ins. Guaranty Association v. Joshua Drown, the Connecticut Supreme Court addressed, as an issue of first impression, whether an insurer’s preinsolvency breach of its duty to defend a claim during an underlying...more

Am I liable for an accident caused by my friend when he was driving my car with my permission?

by George Bourguignon on

If you are facing possibly liability for the actions of another person, such as a person driving your car or maybe living in your house, you will want to read this post! Contact: Attorney George E. Bourguignon,...more

Eleventh Circuit Holds Mental Anguish Claim Not Bodily Injury

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

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

by Mintz Levin on

Clients often raise questions concerning the enforceability of arbitration clauses in bankruptcy proceedings. While this topic has been hotly debated for many years, a recent Ninth Circuit opinion, In re Thorpe Insulation...more

New York’s Highest Court Reinstates $5 Billion Lawsuit By Big Banks Against MBIA

by Bracewell LLP on

New York’s highest court yesterday reinstated a $5 billion lawsuit brought by a group of banks, including Bank of America and Wells Fargo, against insurance giant MBIA. ABN AMRO Bank, et al. v. MBIA Inc., et al., — N.E. 2d –,...more

Filing Bankruptcy During Civil Litigation

by Christine Kingston on

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 Hinshaw & Culbertson LLP on

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

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