Banks: Affirmative Defenses Are Sufficient In Insurers’ Funds Mishandling Case

Mealey's (February 5, 2019, 1:40 PM EST) -- ST. LOUIS — In a dispute over the mishandling of funds belonging to insolvent funeral insurers, banks argue in a Feb. 1 motion filed in a Missouri federal court that their investment adviser, authorization and an in pari delicto defenses are supported by the law and the evidence in the case (Jo Ann Howard & Associates P.C., et al. v. J. Douglas Cassity, et al., No. 09-01252, E.D. Mo.)....

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