Patriot National Inc.’s Trustee Seeks Approval Of $30M Settlements

Mealey's (January 4, 2021, 10:56 AM EST) -- WILMINGTON, Del. — The litigation trustee for Patriot National Inc. on Dec. 18 asked a Delaware bankruptcy judge to approve two “fair” and “equitable” settlements worth $30 million against five former directors and officers of the bankrupt insurance firm over their alleged corporate waste....