June 13, 2024
Convicted insurance mogul Greg Lindberg has offered a "worthless" $633 million promise as a ruse to end an insurance company's bid to collect a $524 million arbitration award, a North Carolina federal court heard this week.
February 02, 2024
An insurer urged a North Carolina federal court to stop the cash flow of an embattled insurance mogul, arguing that a recently announced business deal could result in him liquidating assets and moving his finances offshore as a means of avoiding a $524 million judgment.
January 19, 2024
Embattled insurance mogul Greg Lindberg has pressed a North Carolina federal court to scrap a bid by an insurer, which won a $524 million judgment against him, to stop him from spending his money, arguing that the insurer had the same financial restriction overturned in a state court.
October 26, 2023
A North Carolina federal judge has ordered embattled insurance mogul Greg Lindberg to put up a bond to cover a $524 million judgment for failing to pay an arbitration award, while a New York bankruptcy judge has ordered discovery talks in the liquidation of his company.
July 27, 2023
An embattled insurance tycoon is breaking a restraining order in a state court breach of contract lawsuit by hiding or spending money, a group of insolvent insurers told a North Carolina federal court.
April 06, 2023
An insurance company that claims it's owed $524 million by embattled businessman Greg Lindberg blasted his bid to shield his finances, decrying the "cloud of secrecy" he's casting over the litigation in North Carolina federal court.