In Re Allied Digital Technologies, Corp.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that where an insurance policy provides exclusive coverage to directors and officers, courts have generally held that the proceeds are not property of the estate
• emphasizing that the policy only provides indemnification coverage to the extent that the debtor “has indemnified the Directors and Officers of such Loss....”
• finding that the Trustee had made no credible showing that the direct coverage under the policy had any continuing vitality
• stating that whether proceeds of directors and officers’ policies are property of the estate is “controlled by the language and scope of the policy at issue”
• stating that the cases examining whether the proceeds of D & O policies are property of the estate “are controlled by the language and scope of the policy at issue not by broad, general statements”
• authorizing the payment of defense costs under a D & 0 Policy over the objection of a trustee who sought to preserve policy proceeds to satisfy his own claims against the insureds

Source: CourtListener parenthetical corpus (CC0).

Cited by

16 cases in this archive cite this case.

• In Re Downey Financial Corp.
  D. Delaware· 2010-05-07· cited 20×
• In Re Medex Regional Laboratories, LLC
  E.D. Tennessee· 2004-08-25· cited 9×
• Underwriters at Lloyd's v. Chancellor Corp. (In Re Adley)
  D. Massachusetts· 2005-11-16· cited 8×
• In Re Beach First National Bancshares, Inc.
  D. South Carolina· 2011-04-29· cited 8×
• Salem Baptist Church v. Federal Insurance (In Re Salem Baptist Church)
  E.D. Pennsylvania· 2011-08-25· cited 7×
• In Re Arter & Hadden, L.L.P.
  N.D. Ohio· 2005-11-29· cited 6×
• In re MF Global Holdings Ltd.
  S.D. New York· 2014-09-04· cited 6×
• Federal Deposit Insurance v. OneBeacon Midwest Insurance
  N.D. Illinois· 2012-07-10· cited 6×
• In Re Endoscopy Center of Southern Nevada, LLC
  D. Nevada· 2011-05-23· cited 5×
• Santa Fe Minerals, Inc. v. BEPCO, L.P. (In Re 15375 Memorial Corp.)
  D. Delaware· 2008-02-15· cited 4×
• In Re Petters Co., Inc.
  D. Minnesota· 2009-08-31· cited 4×
• In re Pasquinelli Homebuilding, LLC
  N.D. Illinois· 2012-01-17· cited 2×
• In re Focus Capital, Inc.
  D. New Hampshire· 2014-01-10· cited 1×
• Thomas Fluharty v. Philadelphia Indemnity Insurance Company
  Fourth Circuit· 2025-02-26· cited 1×
• Samson v. Cincinnati Insurance (In Re Blixseth)
  D. Montana· 2012-03-12
• In re Culp
  D. Delaware· 2018-08-30

Cites

14 cases in this archive are cited by this case.

• United States v. Whiting Pools, Inc.
  Supreme Court· 1983-06-08· cited 1,643×
• In Re The Minoco Group Of Companies, Ltd.
  First Circuit· 1986-09-09· cited 69×
• Homsy v. Floyd (In Re Vitek, Inc.)
  Fifth Circuit· 1995-04-25· cited 66×
• Ochs v. Lipson (In Re First Central Financial Corp.)
  E.D. New York· 1999-09-03· cited 45×
• Zenith Laboratories, Inc. v. Sinay (In Re Zenith Laboratories, Inc.)
  D. New Jersey· 1989-08-29· cited 34×
• In Re Sacred Heart Hospital of Norristown
  E.D. Pennsylvania· 1995-05-17· cited 31×
• In Re CyberMedica, Inc.
  D. Massachusetts· 2002-07-02· cited 30×
• In Re Daisy Systems Securities Litigation
  N.D. California· 1991-08-09· cited 28×
• Circle K Corp. v. Marks (In Re Circle K Corp.)
  D. Arizona· 1990-11-14· cited 24×
• Aetna Casualty & Surety Co. v. Jasmine, Ltd. (In Re Jasmine, Ltd.)
  D. New Jersey· 2000-06-19· cited 13×
• Adelphia Communications Corp. v. Associated Electric & Gas Insurance Services, Ltd. (In Re Adelphia Communications Corp.)
  S.D. New York· 2003-12-05· cited 12×
• In Re CHS Electronics, Inc.
  S.D. Florida· 2001-04-09· cited 10×
• Youngstown Osteopathic Hospital Ass'n v. Ventresco (In Re Youngstown Osteopathic Hospital Ass'n)
  N.D. Ohio· 2002-01-04· cited 10×
• Imperial Corp. of America v. Milberg (In Re Imperial Corp. of America)
  S.D. California· 1992-08-18· cited 6×