eCourse
Insurance and Surety Bonds
Contains material from Jan 2024
What can creditors and insurers do when a debtor cannot or will not meet its obligations? Examples include a debtor who rejects its surety bond, but the surety has duties to third parties; a debtor who must advance defense costs as part of its self-insured retention obligation, but has no funds to do that; a debtor who offers a pre-petition unsecured claim instead of funding its self-insured retained liability with cash; or a consumer debtor who fails to pay premiums on an auto policy after filing bankruptcy.
Includes: Video Audio Slides
- Total Credit Hours:
- 0.75
- Credit Info
- TX, CA
- TX MCLE credit expires: 2/28/2025
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Insurance and Surety Bonds (Jan 2024)
Hon. Marvin Isgur, Julie Harrison, Audrey Hornisher
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0.75
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Insurance and Surety Bonds (Jan 2024)
What can creditors and insurers do when a debtor cannot or will not meet its obligations? Examples include a debtor who rejects its surety bond, but the surety has duties to third parties; a debtor who must advance defense costs as part of its self-insured retention obligation, but has no funds to do that; a debtor who offers a pre-petition unsecured claim instead of funding its self-insured retained liability with cash; or a consumer debtor who fails to pay premiums on an auto policy after filing bankruptcy.
Originally presented: Nov 2023 Bankruptcy Conference
Hon. Marvin Isgur,
U.S. Bankruptcy Court, Southern District of Texas - Houston, TX
Julie Harrison,
Norton Rose Fulbright US LLP - Houston, TX
Audrey Hornisher,
Clark Hill PLC - Dallas, TX