Agreement Struck To Extend Objection Deadline On Rehab Plan For Reinsurer

Mealey's (August 9, 2022, 1:14 PM EDT) -- WILMINGTON, Del. — The receiver for Scottish Re (U.S.) Inc. in Rehabilitation (SRUS) and dozens of interested insurers agree that extending the deadline to object to a modified plan of rehabilitation from Aug. 15 to Oct. 1 “may aid to resolve or narrow objections,” they told a Delaware state court in an Aug. 5 joint stipulation that was granted Aug. 11....