CLE Course Details

Bankruptcy Issues for an Insurance Carrier When an Insured Files for Bankruptcy

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Price: $55
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  • Description
    Designed for insurance practitioners, this CLE course will focus on issues related to underwriting, and coverage or claims adjustment. The course will explain the credit risks for insurers for unpaid premiums, self-insured retention and preference, fraudulent transfer and other voidable transfer claims. The course will cover bankruptcy filing and its potential erosion of policy limits as well as the impact of policy-altering reorganization plans. The course will conclude with a review of the circumstances which allow an insurer to make claim payments without violating bankruptcy stays.
  • Instructor Bio

    Michael Davis

    Michael S. Davis has been a partner at ZEK since 1999. Mike has over 40 years of experience in a wide range of commercial litigation, concentrating in bankruptcy, insurance and insurance-related arbitration. His experience also includes antitrust, contracts, employment, maritime, real estate, reinsurance and securities matters. He has lectured on many of these subjects at Long Island University and to business audiences. He began his legal career as an associate at Chadbourne & Parke and later served for six years as Senior Counsel in charge of Corporate Litigation at American International Group, Inc. For the eleven years immediately prior to joining ZEK, Mike was a partner at Zalkin, Rodin & Goodman LLP. At this time, Mike’s practice focuses on the representation of insurance companies in commercial bankruptcy matters, both as creditors and as insurers. Mike also has an active arbitration practice.