Insurance | Global Insolvency

Bankruptcy Code preempts policies’ anti-assignment clauses such that transfer to Section 524(g) trust is allowed

25 March 2008

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Federal district court reverses bankruptcy court ruling allowing appointment of “special insurance counsel”

28 April 2008

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USA

Insurance insolvencies in the United States reach a 10-year low

08 April 2008

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USA

Refco bankruptcy court orders advancement of defense costs despite guilty pleas in criminal proceedings

06 May 2008

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New Hampshire Supreme Court considers offset issue in the Home Insurance Company liquidation

28 April 2008

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USA

Insured’s direct access to reinsurance proceeds permitted in liquidation

02 June 2008

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USA

Bankruptcy court dismisses fraud claims against Alphastar’s former shareholders, directors and officers

18 June 2008

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USA

Court applies exclusion for claims involving receivership of a healthcare benefit plan

16 June 2008

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Attorneys' fees and costs awarded against New York Superintendent for improper bankruptcy filing

03 July 2008

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Pennsylvania state court permits plaintiff to pursue “deepening insolvency” theory of damages

01 July 2008

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