Bankruptcy Filing Stays Advancement Case Between CEO And His Former Company

( July 13, 2026, 1:45 PM EDT) -- DALLAS — A Texas federal judge stayed through Sept. 7 an advancement and fiduciary duty dispute between a former financial services company CEO and his former employer after the company filed for Chapter 11 bankruptcy, pausing litigation over its obligation to fund his defense against counterclaims alleging manipulation of commercial auto claims reserves while it pursues confirmation of its bankruptcy plan....