Borrower:  No Breach To Insolvent Insurer Of Loan And Security Agreement

Mealey's (August 13, 2020, 2:16 PM EDT) -- RALEIGH, N.C. — A borrower under a loan and security agreement in an Aug. 10 answer denies an insolvent health insurer's claims for breach of contract and for foreclosure of collateral in the insurer's North Carolina federal court suit seeking $37,104,611 under the agreement (Colorado Bankers Life Insurance Company v. Kite Asset Management, LLC, No. 20-371, E.D. N.C.)....