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Carrier Gets Partial Summary Judgment Disallowing Bankruptcy Trustee From Avoiding Payment

Monday, February 28, 2022 | 0

A bankruptcy judge in Texas ruled that an insurance carrier was entitled to partial summary judgment opposing the efforts of the trustee for a defunct football league to avoid payment of a contingency deposit. Case: In re Legendary Field Expeditions, Nos. 19-50900-cag and 21-05034-cag, 02/11/2022, published. Facts: The Alliance of American Football was a professional American football league founded in 2018. The league consisted of eight teams and played for part of the 2019 season before disbanding and filing for Chapter 7 bankruptcy protection. During its brief existence, AAF was required...

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