Insurance and Bankruptcy: What Policyholders Need to Know
Published: 24-Apr- 2012 | Comments: 0
The economic turmoil of the last few years has brought a renewed focus on the bankruptcy process for creditors. In fact, Fitch Ratings predicts the number and size of corporate bankruptcies will double in 2012. There are also numerous insurance implications for companies in or on the threshold of filing for bankruptcy.
Marsh Insights: Casualty recently sat down with William Eustace, Esq., a senior advisor in Marsh’s Casualty Practice, to discuss some issues companies should consider when contemplating bankruptcy. Clients should consult legal counsel around their unique issues before taking any bankruptcy-related action.
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