Discover how company bankruptcy affects employee insurance benefits and coverage. Learn if and how you can retain benefits ...
Insurance issues are arising more frequently in bankruptcy proceedings. A debtor's insurance policies often represent the debtor's most valuable asset. As bankruptcy and insurance law intersect, and ...
Merrill Lynch & Co. is providing $140 million in a new type of insurance to protect its directors, executives and employees from lawsuits if it goes bankrupt. The firm set up a "credit-default" ...
The recent financial crisis impacted all of us in some way or another and led many corporations to file bankruptcy. It also exposed directors and officers of corporations and corporations themselves ...
March 19 (Reuters) - Justices on the U.S. Supreme Court on Tuesday seemed inclined to grant insurers broad leeway to participate in bankruptcy proceedings, in a case involving asbestos injury claims.
Judge says policies aren't 'fundamental' to opioid settlement Purdue says insurance policies provide more than $3.3 billion Insurers say claimants will be paid anyway (Reuters) - A group of insurers ...
Opinion: Once Obamacare kicked into gear, bankruptcy filings across the nation began to drop. John C. McLemore is a Nashville bankruptcy attorney. At one of the first bankruptcy meetings of creditors ...
When an insurance company's financial distress forces it out of business in the U.S., the company does not file for bankruptcy. A state court usually issues the insurance company an order of ...
Off-price clothier Century 21 — a mecca for generations of fashion-minded bargain hunters — filed for bankruptcy on Thursday and said it will shutter all of its stores for good, blaming insurance ...
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