Insurers Oppose Reinsurer’s Shareholder Bid To Intervene In Fraudulent Transfers Suit

Mealey's (November 15, 2017, 3:45 PM EST) -- ATLANTA — In a dispute over alleged fraudulent transfers of reinsurance funds, insurers in a Nov. 7 response oppose a reinsurer’s shareholder’s motion to intervene in the Georgia federal court case because the shareholder knew about it for months but delayed in filing her motion (Canal Insurance Co., et al. v. Golden Isles Reinsurance Company Ltd., et al., No. 15-03331, N.D. Ga.)....