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Results: 1-10 of 271

Financial ruin and the duty to settle within policy limits

  • Kilpatrick Townsend & Stockton LLP
  • -
  • USA
  • -
  • October 17 2013

A liability insurance company has the right to take over the defense of a policyholder and to control all settlement discussions. What happens if the

A guide to surviving the Kemper liquidation

  • Dentons
  • -
  • USA
  • -
  • February 4 2010

In response to an imminent Order of Liquidation against the Kemper Insurance Companies, we have prepared the following "frequently asked questions" guide summarizing issues related to: (i) the financial regulation of insurance companies; (ii) the liquidation and proof of claim process in Illinois; (iii) potential recovery by policyholders of the amount of "covered" workers' compensation claims from state guaranty associations; (iv) policyholder collateral; and (v) planning a response to the Kemper liquidation

Claims bar dates impending for Atlantic Mutual, Centennial, HIH and Nassau Insurance Companies

  • Orrick Herrington & Sutcliffe LLP
  • -
  • USA
  • -
  • July 31 2013

Several insurers in liquidation proceedings have upcoming claims bar dates: The liquidator for Atlantic Mutual Insurance Company and Centennial

Yet another reason why D&O insurance is critical

  • Zuckerman Spaeder LLP
  • -
  • USA
  • -
  • December 15 2014

Corporate directors and officers may think indemnification provisions are sufficient to protect them from claims asserted against them by

Tune up your D&O insurance policy to make sure it provides

  • Zuckerman Spaeder LLP
  • -
  • USA
  • -
  • December 22 2014

A D&O liability policy protects key individuals in a corporate structure. These individuals are likely targets for shareholder frustration if an

Federal-Mogul court confirms that bankruptcy law trumps anti-assignment provisions in insurance policies

  • Cadwalader Wickersham & Taft LLP
  • -
  • USA
  • -
  • July 18 2012

On May 1, 2012, the United States Court of Appeals for the Third Circuit in In re FederalMogul Global, Inc. confirmed that anti-assignment provisions in a debtor’s insurance liability policies are preempted by the Bankruptcy Code to the extent they prohibit the transfer of a debtor’s rights under such policies to a personal-injury trust pursuant to a chapter 11 plan

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

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

National trends driving asbestos litigation in 2013-2014 (1 of 3): decrease in non-impairment filings

  • Gordon & Rees LLP
  • -
  • USA
  • -
  • April 3 2014

Generally, as a result of judicial and legislative reforms, plaintiffs' lawyers have moved away from mass screenings and filing of claims on behalf

Solvent run-off schemes in the United States: the Rhode Island statute and current challenges

  • Foley & Lardner LLP
  • -
  • USA
  • -
  • March 21 2011

On March 16, 2011, a Rhode Island Superior Court heard arguments on whether Rhode Island's solvent restructuring statute violates the Contracts Clause of the U.S. Constitution