Panel: Some Claims In N.Y. Suit Are Not Barred By Insolvency Injunctions, Releases

Mealey's (June 18, 2021, 10:52 AM EDT) -- SAN FRANCISCO — A California appeals panel on June 15 held that injunctions and releases from a California insurance insolvency proceeding do not bar some claims in a New York lawsuit concerning trust preferred securities (TruPS), reversing a lower court in part....