Fund Accuses Insurer Of Tortious Interference With Reorganization Scheme

(June 13, 2019, 2:17 PM EDT) -- NEW YORK — In a first amended complaint filed June 10 in a New York federal court, a hedge fund accuses an insurer of tortiously interfering with the fund’s contractual rights regarding notes purchased from a reinsurer by initiating reorganization proceedings under Irish law (ESM Fund I, L.P. v. Ambac Assurance UK Ltd., No. 19-5066, S.D. N.Y.)....

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