TPA Spat Arises In Liquidation; Receiver Proposes Dispute Procedures

(June 12, 2024, 8:31 AM EDT) -- WILMINGTON, Del. — A dispute over third-party administrator (TPA) services has arisen in the liquidation of life and health reinsurer Scottish Re (U.S.) Inc. (SRUS), with the longtime TPA asking the Delaware Chancery Court to confirm termination of the relevant agreement and the receiver seeking a determination of contempt against that TPA....