Judge: Jurisdiction Exists Over Insolvent Insurer's Breach Of Fiduciary Duty Claim

Judge: Jurisdiction Exists Over Insolvent Insurer's Breach Of Fiduciary Duty Claim

WEST PALM BEACH, Fla. - There is "related to" jurisdiction over an insolvent insurer's breach of fiduciary duty claim against its former directors, a Florida federal bankruptcy judge held Feb. 28, refusing to dismiss the claim (In re: British American Insurance Company Ltd., Chapter 15, Nos. 09-31881 & 09-35888; British American Insurance Company Ltd. v. Robert Fullerton, et al., Adv. Proc. No. 11-03118, S.D. Fla. Bkcy.; 2013 Bankr. LEXIS 758).

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