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Tag Archives: 4th U.S. Circuit Court of Appeals

No Recovery of Brokerage Account Assets (access required)

In this adversary proceeding arising out of the bankruptcy of debtor Derivium Capital LLC, the 4th Circuit upholds judgment against a consulting company, assignee of the bankruptcy trustee, that was attempting to recover as “fraudulent conveyances” assets transferred into debtor’s ...

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No UM/UIM ‘Stacking’ for Policy Omission (access required)

Although an auto liability policy failed to specify any specific amount of uninsured/underinsured motorist coverage provided, that omission did not mean the policy terms prohibiting “stacking,” or combining coverage for multiple insured vehicles, were ambiguous under Virginia law and would ...

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