Bank To 4th Circuit: ‘Directed Trustee’ Ruling On Reinsurance Dispute Was Correct

Mealey's (September 15, 2021, 3:53 PM EDT) -- RICHMOND, Va. — A federal court in South Carolina correctly rejected an insurer’s claims against a bank in a dispute over a reinsurance trust for an insolvent insurer, the bank argues in its Aug. 31 appellee brief before the Fourth Circuit U.S. Court of Appeals....