Bankruptcy Judge Uncertain Over Reinsurance Firm’s Delay Of Reimbursement

Mealey's (January 30, 2019, 12:51 PM EST) -- WILMINGTON, Del. — In a Chapter 11 proceeding, a Delaware bankruptcy judge on Jan. 25 indicated uncertainty about whether a reinsurance firm is able to delay a $1.25 million payment as reimbursement owed to a stalking horse bidder that did not win an auction for the bankruptcy sale of the company (In re Scottish Holdings Inc., et al., No. 18-10160, D. Del. Bkcy.)....