Superior National Insurance Group
The firm was counsel to the liquidation trustee in bankruptcy court, resolving millions in claims arising out of reinsurance disputes and surety bond disputes. Previously it acted as counsel for the chapter 11 bankruptcy debtor and noninsurance company subsidiaries (e.g., service providers), which owned and operated the tenth largest workers compensation carrier in the United States. The firm was able to resolve the seizure of the insurance company subsidiaries by the California Department of Insurance and reorganize the debtors and sell the core business, thus preserving the potential for a meaningful distribution to creditors.