Bankruptcy Judge Approves Settlement Between Insolvent Insurer, Florida Resident

Mealey's (March 24, 2021, 3:37 PM EDT) -- WEST PALM BEACH, Fla. — A federal bankruptcy judge in Florida on March 18 granted an insolvent insurer’s motion to approve a $65,000 settlement in its adversary complaint alleging that two Florida residents fraudulently transferred $386,000 in avoidance of a $122 million final judgment issued in favor of the insurer....