Insurer In Rehabilitation Seeks Reversal Of Ruling On Advancement Of Fees

(July 9, 2020, 2:33 PM EDT) -- NEW YORK — Senior Health Insurance Company of Pennsylvania (SHIP), in rehabilitation, asks the Second Circuit U.S. Court of Appeals in a July 7 opening brief to reverse orders requiring payment of retrospective and prospective legal fees because investment management agreements (IMAs) contain a narrow indemnification provision (B Asset Manager L.P., et al. v. Senior Health Insurance Company of Pennsylvania, No. 19-3026 & 19-4239, 2nd Cir.)....