Status Report Filed In Unjust Enrichment Suit Against Insurers In Rehabilitation

Mealey's (February 16, 2023, 8:49 AM EST) -- WILMINGTON, Del. — Pursuant to court order in an unjust enrichment suit filed against reinsurers and insurers in rehabilitation, joint liquidators for a hedge fund issued a quarterly status report to the Delaware Court of Chancery, regarding the liquidators’ fraud suit in a New York federal court related to the collapse of a purported $1 billion hedge fund now in liquidation....