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Expect the unexpected: The year ahead for the Financial Institutions Sector
  • Hogan Lovells
  • European Union, United Kingdom, USA
  • January 13 2017

There’s nothing new about change in the financial institutions sector. As in previous years, change for firms will be driven largely by regulation and

Fifth Circuit Holds No Defense or Indemnity for Creditors’ Suit Against Insured Based on Bankruptcy and Creditors Exclusion in D&O Policy
  • Phelps Dunbar LLP
  • USA
  • December 5 2016

The U.S. Fifth Circuit Court of Appeals recently upheld summary judgment dismissing all claims against an insurer based on a bankruptcy and creditors

D&Os - Be Aware of Creditor Exclusion in Your Insurance Coverage
  • Dechert LLP
  • USA
  • October 11 2016

The U.S. Court of Appeals for the Fifth Circuit recently held that a Creditor Exclusion provision in D&O insurance coverage may result in significant

Federal Bankruptcy Code May Circumnavigate Automatic Stay
  • Keis George LLP
  • USA
  • September 28 2016

While the frequency of Bankruptcy filings is unpredictable year over year, their presence is certain when pursuing subrogation claims. Now, throw

OCC Proposes Framework for Placing Uninsured Banks into Receivership
  • BuckleySandler LLP
  • USA
  • September 16 2016

On September 13, the OCC published a proposed rule under the authority of the National Bank Act, to provide a framework for receiverships for

NAIC Summer 2016 National Meeting: key developments
  • DLA Piper LLP
  • Global, USA
  • September 7 2016

The National Association of Insurance Commissioners Summer National Meeting, held on August 24 - 28 in San Diego, produced a number of noteworthy

Hanjin Shipping Now Under U.S. Bankruptcy Protection: Options for Shippers and Intermediaries
  • Masuda Funai Eifert & Mitchell Ltd
  • Japan, USA
  • September 7 2016

Yesterday afternoon in Newark, New Jersey, Judge John K. Sherwood of the U.S. Bankruptcy Court granted Hanjin Shipping Co. Ltd.'s request to recognize

Excalibur reinsurance corporation placed into liquidation
  • Carlton Fields
  • USA
  • August 17 2016

Excalibur had been in run-off status since 2003, and under regulatory supervision since at least 2013. A Pennsylvania court has now placed Excalibur

Real Property & Title Insurance Update: Week Ending July 29, 2016
  • Carlton Fields
  • USA
  • August 1 2016

Because final judgment entered day after defendant’s petition for bankruptcy, automatic stay imposed by 11 U.S.C. 362 was in effect and, thus

MF Global and Individual Defendants Finalize Settlement With Customers and Other Creditors
  • Katten Muchin Rosenman LLP
  • USA
  • July 24 2016

The infamous history of MF Global is closer to ending after the administrator for the bankrupt holding company filed a proposed notice of settlement