Partial Grant Of Extension Urged In Shareholder Appeal Of Liquidation Order

(September 20, 2023, 11:04 AM EDT) -- RALEIGH, N.C. — The North Carolina commissioner of insurance and insurers in liquidation urged a North Carolina appellate court to partially grant a shareholder’s request for a 30-day extension to file its opening brief appealing the liquidation order, asserting that a week’s extension is appropriate in light of the inability of the insurers to satisfy annuity contracts until the appeal is resolved....