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Mealeys

Mealey's Insurance - Bankruptcy Judge Closes Irish Reinsurer's Chapter 15 Case Over $1B Deficit

NEW YORK - A New York federal bankruptcy judge on Jan. 13 closed an Irish reinsurer's bankruptcy proceeding that recognized a foreign main liquidation proceeding concerning an alleged $1 billion deficit (In re Ballantyne Re Plc, Chapter 15, No. 19-11490, S.D. N.Y. Bkcy.).
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