Bankruptcy Judge Approves Trustee’s Settlement Request In Debtor Insurer Case

Mealey's (May 23, 2023, 11:20 AM EDT) -- WILMINGTON, Del. — A Delaware federal bankruptcy judge issued an order granting a trustee’s motion to approve specified settlements in an insolvent insurer’s Chapter 7 bankruptcy proceeding, finding that the settlements were “fair and equitable” and in the best interests of the estates and creditors....