Delaware court approves multi-jurisdictional insolvency deal for Bermudian reinsurer

Delaware court approves multi-jurisdictional insolvency deal for Bermudian reinsurer

Bermudian reinsurer Scottish Re Group and two of its international subsidiaries have obtained approval from a Delaware court for a pair of agreements that set out how it will integrate restructuring and liquidation proceedings in Bermuda, the Cayman Islands and the US.

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