Ordinary Course Motion By Insurer’s Liquidators Denied In Federal Bankruptcy Court

Mealey's (December 13, 2021, 1:37 PM EST) -- NEW YORK — A New York federal bankruptcy judge on Dec. 8 denied a request by the joint provisional liquidators (JPLs) of Bermuda insurer and reinsurer PB Life and Annuity Co. Ltd. (PBLA) and other debtors for an order approving the use, sale, transfer or other disposition of assets in the ordinary course of the debtors’ businesses....

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