Global General Files For Ch. 15, Seeks Cut-Off Scheme
The insurance and reinsurance company, which ceased underwriting and went into run-off in October 2002, filed the petition Monday in the U.S. Bankruptcy Court for the Southern District of New York, citing both liabilities and assets in excess of $100 million.
Simon Brincklow, a foreign representative for Global General's main proceedings in the High Court of Justice of England and Wales,...
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