Stay Issued In Insurer’s Breach Of Contract Suit Against Wealth Management Firm

(June 18, 2024, 2:22 PM EDT) -- RALEIGH, N.C. — Finding “good cause,” a North Carolina federal judge on June 17 stayed a breach of contract suit filed by a now-insolvent insurer against a wealth management company alleged to have violated a loan agreement, staying the case until the resolution of cross-motions for summary judgment in a pending related consolidated case....