Loan Borrower, Pledgors Counterclaim Against Insurer In Rehabilitation

Mealey's (November 2, 2020, 4:21 PM EST) -- RALEIGH, N.C. — A borrower and pledgors to a loan agreement filed counterclaims in a North Carolina federal court on Oct. 29 for breach of contract, bad faith and breach of fiduciary duty against a health insurer in rehabilitation (Colorado Bankers Life Insurance Company v. Tybee Island Asset Management, LLC, et al., No. 20-520, E.D. N.C.)....