Irish Reinsurer Seeks Chapter 15 Relief In Bankruptcy Court

Mealey's (May 16, 2019, 1:18 PM EDT) -- NEW YORK — An Irish reinsurer of life insurance policies on May 7 sought to have a New York federal bankruptcy court recognize a foreign main liquidation proceeding concerning an alleged $1 billion deficit (In re Ballantyne Re Plc, Chapter 15, No. 19-11490, S.D. N.Y. Bkcy.)....