Judge Dismisses Fund’s Case For Tortious Interference With Reorganization Scheme

Mealey's (August 9, 2019, 12:27 PM EDT) -- NEW YORK — A federal judge in New York on Aug. 8 signed a hedge fund’s notice of voluntary dismissal of its case alleging that an insurer tortiously interfered with its 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.)....