Bid And Valuation Production Ordered In DUFTA Suit Concerning LTC Insurer

Mealey's (February 8, 2023, 3:47 PM EST) -- WILMINGTON, Del. — Finding bid and valuation documents “relevant to Plaintiffs’ claims and proportional to the needs of the case,” a Delaware Chancery Court vice chancellor granted a motion to compel their production in a putative class suit alleging fraudulent transfers from an insurance subsidiary on which more than 1 million policyholders depend for long-term care (LTC) insurance disability benefits....