Contempt Motion Draws Opposition In Fraud Suit Over Security Loans

( May 27, 2025, 8:22 AM EDT) -- NEW YORK — Urging a New York federal court to deny a contempt motion in litigation over fraud and racketeering allegations that involve the parent company of Bermuda reinsurer 777 Re Ltd., parties who are the focus of that motion are arguing in part that the movants “made no attempt to block the transactions — because neither violates” a preliminary injunction (PI) order....

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