Panel Tosses Bid For Stay In Receivership Action Against Owner Of Defunct Insurers

(August 13, 2024, 2:32 PM EDT) -- RALEIGH, N.C. — Without providing an explanation, the North Carolina Court of Appeals on Aug. 12 dismissed a motion for a temporary stay in a judgment creditor’s suit seeking the appointment of a general receiver over the assets of judgment debtor Greg E. Lindberg, a former owner of insurers now in rehabilitation who was convicted of bribing the North Carolina insurance commissioner....