In “Second Circuit Insulates Innocent Friend from Corporate Debtor’s Fraudulent Transfer Liability,” an article published in the August 2022 issue of The Bankruptcy Strategist, Michael Cook assesses the U.S. Court of Appeals for the Second Circuit’s decision in In re BICOM N.Y., LLC wherein the defendant “was a ‘mere conduit’ of [a] fraudulent transfer and cannot be liable to the bankruptcy estate for funds she never knew about.”

In a recent article from Life Risk News by Greg Winterton, SRZ partner Boris Ziser shared his thoughts on the current state of life settlements in the tertiary market.

Boris explained that although the market had slowed down in the past year, interest is growing, saying, “recent market volatility has highlighted the benefits of an uncorrelated asset class like life settlements, so I’d expect activity to pick up again. Investors are coming around to the fact that ultimately, the credit behind their investment is a highly rated insurance company. Not many asset classes provide double digit returns from an uncorrelated investment where the credit is a AA-rated insurance company.”

Read the article here.