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· 11/20/1987

Taxel v. Equity General Insurance (In Re Couch)

Citations

  • 80 B.R. 512
  • 1987 WL 23860

How courts have described this case

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

  • stating that reserves cannot accurately or fairly be equated with an admission of liability or the value of a particular claim
  • applying California privilege law to bankruptcy proceeding where Trustee had filed direct action for claims under California Insurance Code
  • applying 25 California privilege law to bankruptcy proceeding where Trustee had filed direct action for claims 26 under California Insurance Code
  • “The legislature and Insurance Commissioner establish reserve policy. For this reason alone, a reserve cannot accurately or fairly be equated with an admission of liability or the value of any particular claim.”

Source: CourtListener parenthetical corpus (CC0).

Judges: Enright

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.