Judge Denies Insurers Leave To Appeal Bankruptcy Court’s Order Over Policy Exclusions

Mealey's (April 14, 2020, 3:29 PM EDT) -- NEW YORK — A federal judge in New York on April 10 denied insurers’ motion for leave to appeal a bankruptcy court’s order that found that the “Return of Fees” and “Mortgage Fee Claim” policy exclusions do not bar coverage for settlements arising from claims that a subsidiary of General Motors Corp. violated state and federal lending laws (Certain Underwriters at Lloyd's, London, et al., v. Rowena Drennen, et al., No. 20-1645, S.D. N.Y., 2020 U.S. Dist. LEXIS 64437)....