UNIVERSAL LIFE INSURANCE COMPANY v. LINDBERG
Case Number:
1:20-cv-00681
Court:
Nature of Suit:
Judge:
Firms
- Bradley Arant
- Casillas Santiago
- Cheshire Parker
- Clyde & Co
- Condon Tobin
- Fox Rothschild
- Parker Poe
- Smith Debnam
- Troutman Pepper
- Williams Mullen
- Womble Bond
Companies
Sectors & Industries:
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June 13, 2024
Insurer Calls Convicted Mogul's $633M IOU 'Worthless' Ruse
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.
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February 02, 2024
Insurer Pushes To Freeze Mogul's Assets In $524M Fight
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.
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January 19, 2024
Insurance Mogul Fights Spending Clampdown In $524M Fight
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.
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October 26, 2023
Judge Orders NC Insurance Mogul To Post $524M Bond
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.
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July 27, 2023
Beset Insurance Mogul Is Hiding Money, NC Court Told
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.
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April 06, 2023
Insurer Rips Businessman's 'Cloud Of Secrecy' In $524M Suit
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.