Our firm represented insurers in bankruptcy and adversary proceedings involving insureds that faced hundreds of underlying sexual abuse claims. The firm negotiated settlements that included buybacks of all policies and provided clients with the benefit of the channeling injunction in the insureds' plans for reorganization. In re Catholic Bishop of Northern Alaska, Nos. 08-110 and 08-90019 (Bankr. D. Alaska) and In re Society of Jesus, Oregon Province, No. 09-30938 (Bankr. D. Or.).
Results may vary depending on your particular facts and legal circumstances.