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Here's what Jager Smith is working on now:

Majestic Capital, Ltd. f/d/b/a CRM Holdings, Ltd.:
Jager Smith is serving as lead counsel to the Liquidating Trustee of six liquidating trusts created pursuant to the joint plan of liquidation confirmed in the Chapter 11 cases of Majestic Capital and five of its subsidiaries, which provided administrative and related services and products to group self-insured workers’ compensation insurance trusts in New York, California and other states.  As lead counsel, Jager Smith has successfully resolved over $472 million of claims asserted by state regulatory agencies and participants in the group self-insured trusts, has favorably settled litigation seeking to recover millions of dollars for the benefit of one of the liquidating trusts, and is leading the investigation regarding the causes of action that exist against the companies’ former directors and officers.  In addition, Jager Smith is addressing issues concerning Majestic Insurance Company, a California-based insurance company and an indirect subsidiary of Majestic Capital, and Twin Bridges (Bermuda), a reinsurance company located in Bermuda and a direct subsidiary of Majestic Capital.  On behalf of the Liquidating Trustee, Jager Smith is working closely with the insurance regulators in California and Bermuda, including in connection with the California Department of Insurance’s efforts to liquidate Majestic Insurance.

Kingsbury Corporation, et al:
Jager Smith represents the Official Committee of Unsecured Creditors of Kingsbury Corporation and two related debtors. The lead debtor is the manufacturer of special-purpose high production assembly systems; special machining systems, including rotary index machines and transfer line machines; flexible manufacturing systems, machining centers, and vertical turning systems. The case is pending in the United States Bankruptcy Court for the District of New Hampshire.

Boston Generating LLC:
Jager Smith represented the Official Committee of Unsecured Creditors of Boston Generating, LLC and its affiliated debtors in connection with the negotiation and confirmation of their joint plan of liquidation, which the United States Bankruptcy Court for the Southern District of New York confirmed. Prior to seeking bankruptcy protection, the debtors owned and operated the third-largest power generating portfolio in New England and labored under a debt load that exceeded $1.9 billion.