Please ensure Javascript is enabled for purposes of website accessibility

Tag Archives: Bankruptcy

Insurer lacks standing to challenge reorganization

Where a primary insurer attempted to block the reorganization plan of its insureds for current and future asbestos personal-injury liabilities, but the plan preserved the insurer’s coverage defenses and the debtors’ obligations under their policies, the insurer lacked standing to ...

Read More »

ACA ‘penalty’ not ‘penalty’ under bankruptcy code

Where the Affordable Care Act, or ACA, required individuals who failed to comply with its mandate to pay a “shared responsibility payment,” or SRP, to the Internal Revenue Service through their annual income tax returns, the SRP should be considered ...

Read More »

Debt collectors must pay $25K after violating injunction

Where debt collectors sent debtors a payoff letter and offered a discounted payment for the judgment debt after the debtors filed for bankruptcy protection, the debt collectors violated the discharge injunction. They must pay $25,000 the debtors incurred in attorney’s ...

Read More »