Receiver Who Sought Rehab Has Concluded That Reinsurer Should Be Liquidated Instead

(May 5, 2023, 11:17 AM EDT) -- WILMINGTON, Del. — The receiver for Scottish Re (U.S.) Inc. in Rehabilitation (SRUS) has concluded that SRUS should be liquidated instead of rehabilitated, saying in a letter to the Delaware Court of Chancery that he intends to move for an order of liquidation in about 45 days....