We have just learned that on October 31st, the contingent claim deadline for Lumbermens Mutual Casualty Company and its former subsidiaries was postponed one year to November 10, 2017. All policyholders who had previously submitted contingent proofs of claim must demonstrate that their claims have been paid or liquidated by that date in order to share in the Class (D) distributions of the estate. Unliquidated claims that were timely filed may still be allowed under Class (E).
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In addition to general notice, KCIC maintains client policy details to ensure timely identification of applicable coverage and to provide specific guidance as it relates to upcoming vote/bar dates. If you would like us to include your coverage in these reviews, please contact Nick Sochurek at (202) 772-3909 for more details.
Although KCIC actively monitors developments in the market, we cannot guarantee inclusion of all key updates as some are not readily available and/or made public.
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