Section 8 of the Interest Act (Canada) (the Act) was considered by the Ontario Superior Court of Justice in Grant Forest Products Inc. (Re) in the context of an inter-creditor dispute.
Canada, Ontario, Insolvency & Restructuring, Litigation, Blake, Cassels & Graydon LLP, Credit (finance), Debtor, Interest, Debt, Liquidation, Default (finance)
What you need to know
The Massachusetts Supreme Judicial Court recently ruled that where a medical malpractice claim is transferred from an insolvent insurer to the Massachusetts Insurers Insolvency Fund, the Fund is liable for the statutory cap of $299,999 for each of the multiple claims arising from one overall medical incident, subject to the policy’s aggregate limits.
What you need to do
USA, Massachusetts, Healthcare & Life Sciences, Insolvency & Restructuring, Insurance, Litigation, Choate Hall & Stewart LLP, Voluntary association, Medical malpractice, Consortium, Westlaw, Massachusetts Supreme Judicial Court