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Liability Insurance Proceeds and Coverage Considerations When Insureds File for Bankruptcy

Burr Forman

[i] At the same time, a broad automatic stay of collection activity or other proceedings against the debtor is implemented. [ii] ii] But where does this leave those with claims against the debtor for pre-petition acts or omissions that are covered under liability insurance policies? In re Edgeworth , 993 F.2d 2d 51,56 (5th Cir.

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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

Like most industries today, Consumer Finance Services businesses are being significantly impacted by the novel coronavirus (COVID-19). Troutman Pepper has developed a dedicated COVID-19 Resource Center to guide clients through this unprecedented global health challenge. For more information, click here. Click here to read more.

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You Can Come In, But You Can’t Stay – Judge Grossman Dismisses Debtor’s Case for Re-designating Under the SBRA After Deadlines Have Passed. Seven Stars on the Hudson Corp., Case No. 19-17544-SMG, Bankr. S.D. Fla. Aug. 7, 2020

Burr Forman

Judge Grossman declined to extend these statutory deadlines since the timing of the debtor’s election to proceed under Subchapter V – several months after the expiration of these deadlines – was the debtor’s voluntary decision and not a “circumstance beyond the debtor’s control.” The Small Business Reorganization Act.

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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

Like most industries today, Consumer Finance Services businesses are being significantly impacted by the novel coronavirus (COVID-19). Troutman Pepper has developed a dedicated COVID-19 Resource Center to guide clients through this unprecedented global health challenge. For more information, click here.

article thumbnail

Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

Like most industries today, Consumer Finance Services businesses are being significantly impacted by the novel coronavirus (COVID-19). Troutman Pepper has developed a dedicated COVID-19 Resource Center to guide clients through this unprecedented global health challenge. For more information, click here.

article thumbnail

Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

Like most industries today, Consumer Finance Services businesses are being significantly impacted by the novel coronavirus (COVID-19). Troutman Pepper has developed a dedicated COVID-19 Resource Center to guide clients through this unprecedented global health challenge. For more information, click here.

article thumbnail

Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

Like most industries today, Consumer Finance Services businesses are being significantly impacted by the novel coronavirus (COVID-19). Troutman Pepper has developed a dedicated COVID-19 Resource Center to guide clients through this unprecedented global health challenge. For more information, click here.