Bankruptcy Judge Gives Full Force And Effect To Bermuda Schemes Involving Reinsurer

Mealey's (March 25, 2022, 8:49 AM EDT) -- NEW YORK — A New York federal bankruptcy judge on March 16 issued an order giving full force and effect to Bermuda schemes of arrangement and approving releases, permanent injunctions, financing and related relief, thereby granting a motion by the joint provisional liquidators (JPLs) for a Bermuda reinsurer and related entities collectively known as CATCo Group....

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