Universal Life Insurance Company v. Greg Lindberg

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Case Number:

23-1313

Court:

Appellate - 4th Circuit

Nature of Suit:

4190 Other Contract Actions

  1. August 26, 2024

    4th Circ. Won't Free Insurance Mogul From $524M Judgment

    Convicted insurance mogul Greg Lindberg was dealt a blow by the Fourth Circuit on Monday when the court found that he was liable for a $524 million arbitration award stemming from a fight over a reinsurance agreement with an insurer.

  2. January 23, 2024

    4th Circ. Leery Of Mogul's Bid To Dodge $524 Award

    The Fourth Circuit appeared poised to enforce a $524 million judgment against a besieged North Carolina insurance mogul battling allegations he's sidestepping the massive award, with the judges questioning how a guaranty signed by the mogul doesn't require him to pay an insurer.

  3. January 22, 2024

    4th Circ. Preview: Timberland's TM Bid Kicks Off 2024

    The Fourth Circuit will kick off 2024 by probing Timberland's bid to trademark its footwear and pondering an embattled insurance mogul's attempt to escape a $524 million judgment.

  4. June 16, 2023

    Ex-Insurance Exec Rejects Owing $524M Award At 4th Circ.

    Embattled businessman Greg Lindberg told the Fourth Circuit that he shouldn't have to pay a $524 million judgment against his former company because he was removed as its leader midway through the challenge.