Insurers’ Receiver Ordered To Address If Merchandise, Service Trust Belongs To Estate

Mealey's (March 18, 2019, 2:26 PM EDT) -- ST. LOUIS — In a breach of fiduciary duty lawsuit, a Missouri federal judge on March 14 ordered the special deputy receiver for three insolvent insurers to provide further briefing establishing that a third amended and restated agreement for a merchandise and services trust currently belongs to the receivership estate (Winner Road Properties LLC v. BMO Harris Bank, N.A. v. Jo Ann Howard & Associates, P.C., No. 16-1395, E.D. Mo., 2019 U.S. Dist. LEXIS 42121)....