Appellees To Court: Uphold Adversary Proceeding Ruling Under McCarran–Ferguson

(August 15, 2023, 9:44 AM EDT) -- NEW YORK — Urging a New York federal court to uphold a bankruptcy judge’s order partially staying an adversary proceeding in an expansive dispute involving a reinsurer, four entities collectively referred to as the NC Insurance Cos. argue in their appellees’ brief that the adversary proceeding is reverse-preempted under the McCarran–Ferguson Act (MFA)....