I was lucky enough to be invited to speak at a CLE conference in New York last week on the subject of mass torts. (Full disclosure: I was on the wedding “B list.” My good friend Jeff Pollock, a fantastic policyholder-side lawyer, had to cancel at the last minute because of professional commitments, and
asbestos coverage
Assignment of insurance policies in bankruptcy
By Gene Killian on
Asbestos defendants who file for reorganization under the U.S. Bankruptcy Code and seek to establish a personal injury trust for the payment of claims may transfer their liability insurance recovery rights to the trust even if the insurance policies include provisions barring the transfer of such rights, the U.S. Court of Appeals for the Third…