Reinsurer Seeks Temporary Restraining Order Over Fraudulent Assets Transfer

(November 7, 2018, 11:04 AM EST) -- SAN DIEGO — In “the latest in a series of increasingly urgent efforts,” a reinsurer on Nov. 2 requests a temporary restraining order and order to show cause why a preliminary injunction should not be issued from a California federal court so that the reinsurer can recover assets that were fraudulently transferred to avoid payment of a $3.2 million judgment (Odyssey Reinsurance Co. v. Richard Keith Nagby, et al., No. 16-3038, S.D. Calif.)....