Bankruptcy & Insolvency

Butler Pappas is uniquely positioned to handle legal matters for insurance companies confronted with bankruptcy issues. As bankruptcy filings continue to increase, insurers are experiencing multiple and various legal issues. Having counsel experienced in both bankruptcy and insurance law is important to the protection of the rights of the insurer. Butler Pappas's Bankruptcy and Insolvency Practice Group includes attorneys with extensive experience representing the rights of the insurer in courts across the country, whether it be in the bankruptcy court, federal court, state court or on appeal. We also provide coverage advice regarding the impact of bankruptcy or insolvency on the rights and obligations of the carrier. Butler Pappas attorneys have represented insurers' interests in the following areas: mass tort, product liability, general liability, asbestos, environmental, property, D&O, and professional liability. We have counseled clients on and litigated a wide variety of issues impacting insurers, including self-insured retentions, duty to defend, policy assignment, automatic stay/post-discharge injunction, and property of the estate.

The Bankruptcy and Insolvency Practice Group also has extensive experience in general commercial litigation and bankruptcy causes of action, including:

  • Preference actions
  • Fraudulent conveyance actions
  • Other avoidance and recovery actions
  • Objections to discharge and dischargeability
  • Filing and adjudication of claims and claim priority
  • Contract actions
  • Asset Sales
  • Lender liability

Partner Susan Gummow is the author of the Bankruptcy and Insurance Law Manual, available at www.abiworld.org. She is a frequent speaker on bankruptcy and insurance law issues.