8th Circuit Reverses; Insurer May Recoup Benefit Payments From Debtor

8th Circuit Reverses; Insurer May Recoup Benefit Payments From Debtor

ST. LOUIS - A panel of the Eighth Circuit U.S. Court of Appeals on Aug. 3 reversed and remanded a bankruptcy court's ruling that denied an insurer its right to recoupment and concluded that the bankruptcy court had improperly applied a "balancing of equities" test to make its decision (Joseph Warren Terry v. Standard Insurance Coumpany [In Re:  Joseph Warren Terry],  No. 11-2582, Chapter 7; 2012 U.S. App. LEXIS 16095).

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