Land America Settles Dispute For $ 37.85M; Bankruptcy Reorganization Continues

RICHMOND, Va. – The trustee liquidating a subsidiary of bankrupt Land America Financial Group Inc. on Jan. 26 moved in bankruptcy court for an order approving a $ 37.85 million settlement with Lloyd’s of London to resolve an insurance coverage dispute (In Re: Land America Financial Group Inc., No. 08-35994, Chapter 11, E.D. Va. Bkcy.).

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