Bankruptcy Court Vigilant of Attempts to Divert Insurance Proceeds to Legal Fees
WASHINGTON — On appeal from bankruptcy court, a federal district court denied Travelers’ motion to convert a debtor’s Chapter 11 reorganization into a Chapter 7 liquidation. In Travelers Indemnity Company v. Fraser’s Boiler Service, Inc. BHS (W.D. Wash. Aug. 20, 2018), the debtor, Fraser Boiler Service, Inc., was a former boiler repair company that operated for …