New York Bankruptcy Judge Recognizes Reinsurer’s Foreign Main Proceeding

Mealey's (August 8, 2019, 7:40 AM EDT) -- NEW YORK — A New York bankruptcy judge on July 23 recognized a reinsurer’s foreign main proceeding and overruled limited objections filed by a receiver and liquidators of various hedge funds who argued that they should be allowed to bring their claims against the debtor in their own proceedings (In re Beechwood Re, No. 19-11560, Chapter 15, S.D. N.Y. Bkcy.)....