Judge: Reinsurer Waived Entitlement In Injunction Suit; Loan Didn’t Violate TRO

Mealey's (February 16, 2022, 7:06 AM EST) -- SAN DIEGO — A temporary restraining order (TRO) did not prohibit a challenged loan agreement, and the plaintiff waived entitlement to the benefit of an injunction by authorizing a transfer from escrow, a California federal judge ruled Feb. 2, granting the defendants’ motion to dismiss the second amended complaint for failure to state a claim....