July 10, 2020
Universal Life Insurance Co. is urging a New York federal court to enforce a $524 million arbitral award against a Bermuda insurance company following a dispute that arose after its controlling owner, who was convicted earlier this year of federal bribery charges, allegedly improperly drained assets from an underlying trust account.
April 22, 2020
Universal Life Insurance Co. is urging a New York federal court to force a Bermuda insurer to arbitrate a dispute that arose after its controlling owner, who was convicted last month of federal bribery charges, allegedly improperly transferred assets away from an underlying trust account.