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Centerbridge Is Said to Explore £3 Billion Canopius Exit

A consortium led by private equity firm Centerbridge Partners is exploring exit options including an initial public offering of Canopius Group in a deal that could value the Lloyd’s of London insurer at about £3 billion ($3.9 billion), according to people familiar with the matter.

Ahead of Girardi Trial, Judge Weighs Role of Ex-CFO Evidence

As Tom Girardi’s defense attempts, in the days before his trial, to divert blame for the theft of millions of dollars in client settlement funds onto his former CFO Christopher Kamon, a Los Angeles federal judge began creating the outline of what a jury can hear about Kamon’s alleged use of stolen funds.

Can Businesses Win Fight Over Covid-19 Insurance Claims?

A growing number of businesses are suing their insurers over denied business interruption insurance claims due to the Covid-19 pandemic. But will they be successful?

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