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Sixth Circuit Holds that Bank Settlement Payment to Resolve Fraudulent Transfer Liability Is Insurable Loss Under Ohio Law and Applicable Insurance Policies | King & Spalding

Sixth Circuit Holds that Bank Settlement Payment to Resolve Fraudulent Transfer Liability Is Insurable Loss Under Ohio Law and Applicable Insurance Policies | King & Spalding
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Southern District of Ohio Finds Bank s Settlement of Fraudulent Transfer Claim Uninsurable | King & Spalding

On December 16, 2022, the U.S. District Court for the Southern District of Ohio held that a settlement of a fraudulent transfer suit was not covered under the settling defendant’s.

United statesHuntington national bankNational union fire insurance coCyberco holdings incArnold porterNational unionVerizon commcns incUs district courtSpecialty insurance coNatl union fire insTeleservices group incCarlile patchen murphyCarpenter lipps lelandSouthern districtNational bankCyberco holdings