Bermuda Reinsurer:  Hedge Funds Refuse To Release Collateral For Contracts

(April 27, 2020, 1:24 PM EDT) -- WILMINGTON, Del. — A Bermuda reinsurer in an April 22 complaint filed in a Delaware trial court accuses hedge funds of refusing to release collateral after the termination of contracts concerning fixed payments for specified types of natural disasters (Markel CATCo Reinsurance Fund Ltd. v. D.E. Shaw Composite Portfolios, L.L.C., et al., No. 2020-0299, Del. Chanc.)....

Attached Documents

Related Sections