10th Circuit Upholds Judgment On Insurers' Receiver's Successor Liability Claim

10th Circuit Upholds Judgment On Insurers' Receiver's Successor Liability Claim

DENVER - The 10th Circuit U.S. Court of Appeals on July 16 affirmed summary judgment to three companies regarding successor liability and fraudulent transfer claims filed by the receiver of two insolvent insurance companies concerning the sale of assets (State of Oklahoma, ex rel. John Doak, insurance commissioner as receiver for Imperial Casualty and Indemnity Co. v. Acrisure Business Outsourcing Services LLC, et al., Nos. 12-6179 & 12-6180, 10th Cir.; 2013 U.S. App. LEXIS 14611).

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