Margaret M. Anderson - Lord Bissell & Brook Attorney... -
[Cached Version]
Published on: 11/6/2006
Last Visited: 11/6/2006
MARGARET M. ANDERSON
...
Margaret (Peg) Anderson concentrates in creditors' rights matters.She represents secured and unsecured creditors in bankruptcy cases and out-of court restructurings throughout the country.Her clients include numerous lending institutions, including several large domestic and foreign banks.Her experience includes advising buyers and sellers of assets of troubled companies.Peg is co-chair of the firm's Diversity Committee and has served on the firm's Compensation Committee.
Bankruptcy Services for Insurance Companies
Peg has extensive experience advising insurance companies in bankruptcy cases.She frequently represents insurance companies in the collection of premium, deductibles, and other amounts owed to them by insolvent companies, especially with respect to amounts due on loss-sensitive policies.She has enforced insurers' rights to collect amounts due from their bankrupt insureds, often involving claims by the insurers in the tens of million of dollars, in venues throughout the country, including in the WorldCom, National Steel, Fleming Companies, Piccadilly Cafeterias, Bethlehem Steel, Owens Corning, and Payless Cashways cases.
Peg achieved an important victory for her client, and for all insurers, when the Fourth Circuit Court of Appeals held in In re Howard Delivery that amounts due with respect to workers' compensation insurance are entitled to priority under section 507(a)(4) of the Bankruptcy Code, in the face of three other Circuit Court decisions to the contrary.The Supreme Court of the United States has granted the debtor's petition for writ of certioriari in Howard Delivery.
...
Peg is Vice-Chair of the Claims and Priorities Subcommittee of the Business Bankruptcy Committee of the Business Law Section of the American Bar Association.
13 online sources [ view sources ]
