Ontario Court of Appeal: Insurers lose subrogation rights when insureds assign into bankruptcy

Weighing in at the intersection of bankruptcy law and the doctrine of subrogation, the Ontario Court of Appeal has ruled that insurers are not entitled to commence subrogated claims in the name of bankrupt insureds.

Filed under:
Canada, USA, Ontario, Insolvency & Restructuring, Insurance, Litigation, Clyde & Co LLP, Court of Appeal for Ontario
Authors:
Tahsin Najam
Location:
Canada, USA
Firm:
Clyde & Co LLP