Susan N. K. Gummow Offers Updated Insights in the 4th Edition of Bankruptcy and Insurance Law Manual

The American Bankruptcy Institute has released the 4th edition of Susan N. K. Gummow’s Bankruptcy and Insurance Law Manual. This most recent edition has been updated to include and expand on the latest issues confronting bankruptcy and insurance jurisprudence.

The manual incorporates updates on jurisdictional issues in light of the Supreme Court’s decision in Stern v. Marshall, the rise of sexual abuse related mass tort bankruptcy proceedings in the aftermath of state enacted “window” legislation and the use of the Bankruptcy Code to effectuate a policy buy-back as an efficient means of resolving insured-insurer disputes.

The new edition also evaluates key insurance and bankruptcy concepts, such as the binding nature of proof of claim litigation, the rights and obligations under an insurance policy containing a self-insured retention where the insured is bankrupt and the function and role of the creditors’ committee during an insured’s bankruptcy case.

A copy of the Manual can be obtained through the ABI at www.abi.org.com.

At Foran Glennon, Susan is a partner who has years of experience in general commercial matters and focuses her practice on bankruptcy, insurance coverage and commercial litigation. Her range of experience has resulted in a unique practice of representing insurance companies who have found themselves confronted with bankruptcy issues.