Bankruptcy Judge Denies Liquidators’ Bid To Enforce Stay As To N.C. Judgment

Mealey's ( April 12, 2023, 10:27 AM EDT) -- NEW YORK — Ruling against the joint provisional liquidators (JPLs) of Bermuda insurer and reinsurer PB Life and Annuity Co. Ltd. (PBLA) and other debtors, a New York federal bankruptcy judge said a North Carolina court’s judgment and related activities do not violate an automatic stay entered under the U.S. Bankruptcy Code....

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