Insurer In Rehab Gets Stay In Breach Of Contract Suit Against Investment Firm

(June 20, 2024, 1:58 PM EDT) -- RALEIGH, N.C. — A North Carolina federal court granted an insurer in rehabilitation’s motion to stay the breach of contract case it filed against a Malta-based investment firm for the firm’s purported failure to make payments on a loan, staying the case until cross-motions for summary judgment are resolved in a related pending consolidated case....