Gordon & Rees Insurance Group Assists Insurer Avoid Potential Pitfalls with Insured Bankruptcy

April 2010

Steven Bitter (San Diego) and Ryan Brown (Chicago) successfully assisted an insurer client navigate various coverage issues and resolve the underlying lawsuit against all defendants, including individual directors and officers, after the corporate insured declared bankruptcy. The engagement involved complex coverage and factual issues related to independent counsel, alleged intentional acts, uncovered damages, and the court's refusal to grant the automatic bankruptcy stay with respect to the individual defendants.

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