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Judgment creditor collaterally estopped by default judgment against insured
- Wiley Rein LLP
- -
- USA
- -
- May 20 2013
The United States District Court for the Northern District of Georgia, applying Georgia law, has held that a default judgment against an insured in a
Mississippi District Court defers to New York court in bond action
- Katten Muchin Rosenman LLP
- -
- USA
- -
- May 17 2013
The United States District Court for the Northern District of Mississippi denied the motion of defendant ACA Financial Guaranty Corporation (ACA) to
Federal Home Loan Bank Legislation (E) Subgroup
- Mayer Brown LLP
- -
- USA
- -
- May 9 2013
The NAIC's Federal Home Loan Bank Legislation (E) Subgroup (the "FHLB Subgroup") is considering, among other things, proposed amendments to the
A warning to financial institutions: failure to issue a litigation hold may have serious consequences
- Frost Brown Todd LLC
- -
- USA
- -
- May 3 2013
As electronic discovery has become more prevalent and voluminous, national standards for the preservation of evidence have evolved dramatically in
Superintendent of insurance may assert privilege on behalf of liquidating insurer
- Jenner & Block
- -
- USA
- -
- April 19 2013
In Wallis v. Centennial Insurance Co., No. 08-cv-2558 (E.D. Cal. Feb. 1, 2013), Magistrate Judge Allison Claire of the Eastern District of California
Claimant may use Connecticut direct action statute to sue carrier after compromising claim with policyholder
- Wiley Rein LLP
- -
- USA
- -
- April 9 2013
The United States District Court for the District of Connecticut has held that a settlement agreement between the claimant and policyholder satisfies
Controlling shareholder’s bankruptcy does not render entity insolvent; fraud claim uninsurable as a matter of law
- Wiley Rein LLP
- -
- USA
- -
- April 9 2013
Applying Minnesota law, a federal district court has held that, where an entity's principal shareholder was insolvent, but the entity was not, the
Executive Life Insurance Company of New York (ELNY) appeal denied, further appeal sought
- Drinker Biddle & Reath LLP
- -
- USA
- -
- March 15 2013
The long ELNY saga continues, at least for the time being, with two recent developments. First, in a decision dated February 6, 2013, the Supreme
Bankruptcy court denies reinsurers’ motion to determine debt owed to them is nondischargeable
- Jorden Burt LLP
- -
- USA
- -
- March 5 2013
A Massachusetts bankruptcy court denied the motion for summary judgment of reinsurers Trenwick America Reinsurance Corporation and Unum Life
Recovery from dissolved corporation's liability insurer barred by foreign survival statute
- Barger & Wolen LLP
- -
- USA
- -
- February 26 2013
The recent case of Greb v. Diamond International Corp. highlights the need for dissolved corporations and their insurers to consider the survival
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