Judge Grants Stay To Investment Manager On Sale Of Its Insurance Policies

Mealey's (September 6, 2022, 12:39 PM EDT) -- FORT LAUDERDALE, Fla. — A federal judge on Aug. 29 granted a trust investment manager’s request to stay the sale of policies terminating the trust in which the manager owns “fractional interests,” pending appeal to the 11th Circuit U.S. Court of Appeals of the sale order of insolvent insurance policies....