Key Points
USA, Insolvency & Restructuring, Litigation, Skadden Arps Slate Meagher & Flom LLP, Supreme Court of the United States
The Act, which received Royal Assent as long ago as 25 March 2010, is finally due to come into force on 1 August 2016. It has the intention of allowing third parties to make claims directly against liability insurers in insolvency situations.
1930 Act