Delaware Chancery Court Approves Claims Procedure In Reinsurer Liquidation

( December 2, 2025, 2:47 PM EST) -- WILMINGTON, Del. — A Delaware Chancery Court vice chancellor approved the contested proposed claims procedures filed by the receiver for the liquidation of Scottish Re (U.S.) Inc., holding that the proposal does not constitute an abuse of discretion because the receiver identified statutory authority, articulated rationales consistent with the statute’s objectives and supported those rationales with evidence....

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