Judge Defers Ruling On Post-Acquittal Relief For Advancement Of Expenses

Mealey's (October 22, 2019, 4:15 PM EDT) -- NEW YORK — A federal judge in New York on Oct. 21 deferred ruling on an investment company’s former executive’s motion for post-acquittal relief, which includes ordering a runoff insurer to advance $708,784.77 in legal fees and costs, until the Second Circuit U.S. Court of Appeals has decided the U.S. government’s appeal of a judgment acquitting the former executive in a related criminal action (In re:  Platinum-Beechwood Litigation, No. 18-6658, David Levy v. Senior Health Insurance Company of Pennsylvania, No. 19-3211, S.D. N.Y.)....