NY Bankruptcy Judge Strikes MF Global Insurer's $15M Bond

By Natalie Olivo ( July 18, 2017, 1:40 PM EDT) -- Defunct brokerage MF Global's excess insurer Allied World must post a new $15 million bond as part of its attempt to arbitrate a coverage dispute in Bermuda, a New York bankruptcy judge said Monday, finding the current bond should be stricken for flouting state insurance law....

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