Judge Stays Trustee’s Sale Of Certain Life Insurance Policies Pending Appeal

Mealey's (November 17, 2021, 12:21 PM EST) -- FORT LAUDERDALE, Fla. — A federal judge in Florida on Nov. 8 stayed a trustee’s sale of life insurance policies in which an investor owned fractional interests pending the investor’s appeal of an earlier ruling that asset purchase agreements (APAs) affirm rather than preclude the trustee's ability to sell policies retained by investors....