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Results: 1-10 of 275

Proceeds from insurance settlement outside the scope of Article 9

  • Spencer Fane Britt & Browne LLP
  • -
  • USA
  • -
  • March 31 2015

The Bankruptcy Appellate Panel for the First Circuit recently held that a creditor holding a perfected security interest in accounts and payment

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 Lumbermens rehabilitation & liquidation

  • Dentons
  • -
  • USA
  • -
  • July 2 2012

In response to the July 2, 2012 Order of Rehabilitation, and an anticipated Order of Liquidation, against Lumbermens Mutual Casualty Company and American Manufacturers Mutual Insurance Company, 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 Lumbermens liquidation

Security interests in business interruption insurance under the UCC

  • Ice Miller LLP
  • -
  • USA
  • -
  • February 17 2015

A recent decision of the Bankruptcy Appellate Panel of the First Circuit, Wheeling & Lake Erie Railway Company v. Keach, ruled that a lender

Insurance settlement proceeds: held not subject to lien on payment intangibles, but might they have been proceeds of collateral?

  • Dykema Gossett PLLC
  • -
  • USA
  • -
  • May 14 2014

Sadly, sometimes tragedy strikes, as it did for the Montreal Maine & Atlantic Railway Ltd. in July, 2013, when one of its trains carrying crude oil

Fraudulent schemes in life settlements investments: avoid falling into a scam

  • Berger Singerman LLP
  • -
  • USA
  • -
  • March 20 2015

Since 2008, many individuals have been looking for investments outside of bonds or the stock market that provide guaranteed payments at higher rates

“Covered or not covered: that is the question” - a discussion of directors & officers insurance coverage issues

  • Chadbourne & Parke LLP
  • -
  • USA
  • -
  • May 23 2011

It is important that directors and officers insurance provide the necessary protections

Priority of payments provision allows insurer to make settlement payments on covered claims against directors and officers

  • Wiley Rein LLP
  • -
  • USA
  • -
  • October 25 2012

The United States Bankruptcy Court for the District of Nebraska has held that an insurer may make settlement payments for claims against a debtor’s directors and officers where any claims of the debtor are subordinate to those of the directors and officers under the terms of the policy

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

New restrictions on creditors’ rights exclusions in title insurance policies

  • Bryan Cave LLP
  • -
  • USA
  • -
  • February 12 2010

Anyone who obtains title insurance, whether as an owner or a lender, should be aware of a recent abrupt and significant change in title insurance practices across the country