Vedder Price

Vedder Thinking | Articles Michael Eidelman, William Thorsness Publish in Bloomberg Law Reports: Bankruptcy Law

Article

Michael M. Eidelman, Shareholder and Co-Chair of the firm’s Bankruptcy, Insolvency and Corporate Reorganization group, and William W. Thorsness, Associate in the firm’s Litigation practice area, published “Discovering the Hidden Value of Life Insurance Policies: Application of Life Settlements in the Context of Bankruptcy” in the December 9, 2011 issue of Bloomberg Law Reports: Bankruptcy Law.

The article discusses the potential monetary value that life insurance policies hold in bankruptcy proceedings. Mr. Eidelman and Mr. Thorsness, in conjunction with co-authors Robert Stark of Melville Capital, LLC and Ken Klein of FairMarket Life Settlements Corp., advise interested trustees, debtors-in-possession and other practitioners to consult experienced life settlement brokers to evaluate options for maximizing the value of life insurance policies.

To read the entire article, which appears in the December 9, 2011 issue of Bloomberg Law Reports: Bankruptcy Law, click the link below.