Liquidators:  Any Recognition Order In Reinsurer’s Bankruptcy Not To Affect Their Proceedings

Mealey's (July 19, 2019, 2:15 PM EDT) -- NEW YORK — To the extent that a New York bankruptcy court recognizes a foreign proceeding, creditors and parties in interest to a reinsurer’s bankruptcy proceeding ask in a July 16 motion that they be allowed to bring their claims against the debtor in their own proceedings and that those litigations not be subject to any stay (In re Beechwood Re, No. 19-11560, Chapter 15, S.D. N.Y. Bkcy.)....