Mealey's Insurance - Bankruptcy Judge Dismisses Insolvent Insurer's Civil Theft, Unjust Enrichment Claims

Mealey's Insurance - Bankruptcy Judge Dismisses Insolvent Insurer's Civil Theft, Unjust Enrichment Claims

WEST PALM BEACH, Fla. - A federal bankruptcy judge in Florida on Feb. 10 dismissed an insolvent insurer's civil theft and unjust enrichment claims against debtors except to the extent of the insurer's alternative claims for $49,836.20 (In re: British American Insurance Company Ltd., Chapter 15, Nos. 09-31881 & 09-35888; British American Insurance Company Ltd. v. Corban Fund II LP, et al., No. 13-01603, S.D. Fla. Bky.; 2014 Bankr. LEXIS 556).

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