Delaware Court Enters Liquidation, Injunction Order For Life And Health Reinsurer

(July 26, 2023, 4:32 PM EDT) -- WILMINGTON, Del. — A Delaware Chancery Court vice chancellor has granted a receiver’s motion for entry of a liquidation and injunction order pertaining to life and health reinsurer Scottish Re (U.S.) Inc. (SRUS); among other things, the order gives the receiver discretion to “reject any executory contract to which SRUS is a party.”...