Comp Carriers May Have Valid Lien Against Assets in Debtor's Bankruptcy Estate

A bankruptcy court ruled that the workers’ compensation insurance carriers that had secured a judgment against the owner of a defunct company may have a valid lien against some of the assets in the estate. Case: In the Matter of Hardin, No. 18-70395-LRC, 09/29/2021, published. Facts and procedural history: The Zurich American Insurance Co., American Zurich Insurance Co. and/or The Zurich Services Corp. provided workers’ compensation insurance to the Professional Management Services Group Inc. between 2008 and 2012. PMSG was a Florida corporation owned by Henry C. Hardi...