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Creditor defeats preference action based on ‘new value’ defense

Reed Smith LLP
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USA
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June 12 2013

As a condition to issuing a surety bond, the insurer required the insured to obtain a Letter of Credit in favor of the insurer. To obtain the LOC, the

Unfair trade practices exclusion inapplicable to claims arising under fair debt collection statutes, statutory damages covered

Wiley Rein LLP
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USA
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June 11 2013

The United States District Court for the Middle District of Pennsylvania has held that an E&O policy issued to a now-bankrupt credit counseling

Luxembourg legal update - June 2013

Clifford Chance LLP
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European Union, Luxembourg
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June 11 2013

The following six regulatory technical standards supplementing the European Market and Infrastructure regulation (EMIR) have been published in the

Judgment creditor collaterally estopped by default judgment against insured

Wiley Rein LLP
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USA
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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
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USA
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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
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USA
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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

Creditors’ rights over the life insurance of debtors

Tilleke & Gibbins
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Thailand
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May 3 2013

A person's debts do not come to an end just because he or she has died. After the debtor has passed away, the creditor is entitled to seek repayment

A warning to financial institutions: failure to issue a litigation hold may have serious consequences

Frost Brown Todd LLC
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USA
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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
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USA
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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
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USA
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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

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Search results

Creditor defeats preference action based on ‘new value’ defense

Unfair trade practices exclusion inapplicable to claims arising under fair debt collection statutes, statutory damages covered

Luxembourg legal update - June 2013

Judgment creditor collaterally estopped by default judgment against insured

Mississippi District Court defers to New York court in bond action

Federal Home Loan Bank Legislation (E) Subgroup

Creditors’ rights over the life insurance of debtors

A warning to financial institutions: failure to issue a litigation hold may have serious consequences

Superintendent of insurance may assert privilege on behalf of liquidating insurer

Claimant may use Connecticut direct action statute to sue carrier after compromising claim with policyholder

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