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In re OGA Charters, L.L.C.

Court: 5th Cir  08/24/2018  Fifth Circuit Holds that Proceeds of Auto Liability Policy are an Asset of a Bankruptcy Estate in Limited Circumstances

Court finds that where the sum of the claims against the estate far exceed the limit of insurance under a liability policy that is available to the claimants, the proceeds of that policy become the property of the estate.

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