Tim Sosebee v. Steadfast Insurance Company

How courts have described this case

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

• holding that proceeds of insurance policy were not estate property where numerous claims did not threaten the limits of the liability coverage
• applying Edgeworth to determine whether proceeds of a liability insurance policy were property of the estate
• “Where a court finds insurance proceeds to be property of the bankruptcy estate the automatic stay will apply to direct actions against insurers, see 11 U.S.C. § 362(a)(3)[.]”
• the automatic stay “goes into effect without any action required by the bankruptcy court”; and “[p]arties need not receive formal service of process in order to be subject to the stay”
• “This stay goes into effect without any action required by the bankruptcy court.”
• the automatic stay “does not generally apply to … guarantors”

Source: CourtListener parenthetical corpus (CC0).