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Amicus Library

Insurer's statutory liabilities to third parties
Salem Suede, Inc. vs Zion Realty Corporation
Year: 1997
Court: U.S. Bankruptcy Court, Massachusetts
Case Number: No. 96-13184-JNF, 96-14692-JN
Issue:
  • Insurer's statutory liabilities to third parties
State:
  • Massachusetts

Insurance companies which have allegedly violated their independent duty of good faith and fair dealing to innocent injured third party claimants cannot be allowed to misuse the bankruptcy process to escape potential statutory liability to third parties.

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