Affirmative Insurance Holdings, Inc. Bankruptcy New Filing Alert: Motion For Appoval Of Claims Trading Procedures

On October 14, 2015, a motion for appoval of claims trading procedures was filed in the bankruptcy case of Affirmative Insurance Holdings, Inc. and its affiliates.

The filing was assigned docket number 8 and is described on the court’s official docket as follows:

Motion to Approve Entry of Interim and Final Orders (I) Establishing Notice and Objection Procedures for Transfers of Equity Securities, (II) Establishing a Record Date for Notice and Sell-Down Procedures for Trading in Claims Against the Debtors’ Estates, and (III) Granting Related Relief Filed by Affirmative Insurance Holdings, Inc.. (Attachments: # 1 Exhibit A # 2 Exhibit B) (Ward, Christopher) (Entered: 10/14/2015)

Affirmative Insurance Holdings, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on October 14, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Delaware. The case number for the lead bankruptcy case is 15-12136. The bankruptcy case is currently assigned to United States Bankruptcy Judge Christopher Sontchi. The law firm of McDermott Will & Emery is acting as lead bankruptcy counsel to Affirmative Insurance Holdings, Inc. in the bankruptcy case.


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