Judge: No Transfers To Support Reinsurer’s Request For Recovery Of Proceeds

Mealey's (April 25, 2019, 1:21 PM EDT) -- SAN DIEGO — A California federal judge granted summary judgment on April 22 to defendants regarding a reinsurer’s claim seeking recovery of proceeds from avoidable transfers in a case over a $3.2 million judgment because discovery showed that no transfers occurred (Odyssey Reinsurance Co. v. Richard Keith Nagby, et al., No. 16-3038, S.D. Calif., 2019 U.S. Dist. LEXIS 68950)....