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Feeling Left Out: The Debate over Insurer Participation in Prepackaged Bankruptcy Plans

In recent years, an increasing number of companies have sought to resolve current and future liability for long-tail exposures, such as asbestos or silica, by filing prepackaged bankruptcy cases. These bankruptcy filings raise numerous insurance-related issues.

14 minute read February 01, 2004 at 10:59 AM
By
Laura A. Foggan And Kimberly M. Melvin
Feeling Left Out: The Debate over Insurer Participation in Prepackaged Bankruptcy Plans

In recent years, an increasing number of companies have sought to resolve current and future liability for long-tail exposures, such as asbestos or silica, by filing prepackaged bankruptcy cases. These bankruptcy filings raise numerous insurance-related issues.

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