Reconsideration Of $585M Judgment Denied In Personal Guaranty Case

Mealey's (February 22, 2023, 1:57 PM EST) -- DURHAM, N.C. — Overruling objections in which the defendant again argued that assets in a trust account satisfy a reinsurance agreement, a North Carolina federal judge on Feb. 21 denied reconsideration of a judgment requiring the defendant to pay more than $585 million pursuant to a personal guaranty concerning that agreement....

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