Insolvent Insurer’s Founder Denied Intervention In Delaware Liquidation

(December 7, 2018, 10:25 AM EST) -- WILMINGTON, Del. — A Delaware vice chancellor on Dec. 6 denied a fourth attempt by the founder, now in prison for fraud, of an insurer, now in liquidation, from intervening to challenge findings that the insurer is insolvent (In the matter of the liquidation of Indemnity Insurance Corp., RRG, No. 8601-VCZ, Del. Chanc., 2018 Del. Ch. LEXIS 556)....

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