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Scottish Re Freed From Part Of Investor's $40M Suit

By Braden Campbell ( March 11, 2016, 4:31 PM EST) -- A divided New York state appeals court ruled Thursday that reinsurer Scottish Re Group Ltd. and several investors will not face some claims in a minority investor's suit over a private equity-backed takeover he says cost him $40 million, saying he did not get permission from a Cayman Islands court to pursue his claim. . . .

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