We regularly advise clients when their insurer or reinsurer partners become financially troubled or are placed into receivership, and help develop effective strategies to protect their interests and maximize recoveries from the receivership estates.

Our lawyers are at the forefront of many of the most significant cross-border bankruptcy, restructuring and insolvency cases involving complex multijurisdictional issues and regional insolvency laws. With more than 50 offices in over 30 countries, our multilingual and culturally attuned lawyers have the experience to address cross-border issues posed by local laws and customs.

We work with receivers and guaranty associations in negotiating various agreements, including early access, administration and joint collection agreements, selling blocks of business out of receivership, negotiating and implementing purchases of insurance company charters and state insurance licenses from state-appointed receivers and guiding clients through the related judicial approval process.