Judge Dismisses Insolvent Insurer’s Founder’s Conspiracy, Unjust Enrichment Lawsuit

Mealey's (March 21, 2019, 11:23 AM EDT) -- WILMINGTON, Del. — A Delaware federal judge on March 19 dismissed a conspiracy and unjust enrichment lawsuit filed by the founder of a now-insolvent insurer against individuals involved in the insurer’s liquidation proceeding because the case was “legally frivolous” (Jeffrey Cohen v. Jeffrey Miceli, et al., No. 17-1352, D. Del., 2019 U.S. Dist. LEXIS 45536)....