[CLBS] Insurance agent

[Paul Ross]

Depends on the agency too.  Some are not actually owned by the agent.
Others are part interests.

On Thu, Feb 26, 2015 at 11:49 AM, D. Blair Clark <dbc at dbclarklaw.com> wrote:

> We sold the Harrison-Frank agency several years ago when I was representing
> Bernie Rakozy.  There were cases at the time (maybe still are) that said a
> trustee could sell it, non-assignable or not, and Judge Hagan so ruled.  We
> had two agencies who wanted that one, and got into a bidding situation, so
> we did OK.
>
>
> D. Blair Clark
> LAW OFFICES OF D. BLAIR CLARK PC
> 1513 Tyrell Lane, Suite 130
> Boise, ID 83706
> Telephone:    (208) 475-2050
> Fax:               (208) 475-2055
>
>
>
> -----Original Message-----
> From: CLBS [mailto:clbs-bounces at admws.idaho.gov] On Behalf Of Patrick J.
> Geile
> Sent: Thursday, February 26, 2015 11:32 AM
> To: Bankruptcy list
> Subject: [CLBS] Insurance agent
>
> Any input on valuing an insurance agent's book of business?  It seems they
> are valued for loan purposes very high, but in reality they are non
> assignable?
>
> Any trustee's out there ever tried teo sell one?
>
> Patrick J. Geile
> Foley Freeman PLLC
> 953 S. Industry Way, Meridian, Idaho 83642 P.O. Box 10 Meridian, Idaho
> 83642
> Direct line: (208) 947-1563
> Phone:  (208) 888-9111
> Fax:  (208) 888-5130
>
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