Trustee Asks Judge To Vacate Stay In Sale Of Asset Manager’s Insurance Policies

Mealey's (October 28, 2022, 10:43 AM EDT) -- FORT LAUDERDALE, Fla. — A trustee responsible for trust liquidation moved a Florida federal court to vacate a stay of the sale of trust policies, asserting that because the 11th Circuit dismissed the appeal for lack of jurisdiction because the procedures order granting the sale of the trust’s insurance policies was not a final order, “the predicate for the stay no longer exists.”...