Court blocks Lindberg’s bid to ease grip on $1.2B insurer empire

The receiver opposed the Motion to Allow on July 17, 2024, citing “numerous flagrant and repeated violations of the TRO” and referring to “specific inappropriate suggestions” that his expenses would be paid contingent on approving certain transfers. At a hearing on July 18, 2024, the receiver told the court he would be “extremely hesitant” to approve the transfers and was “pretty confident [the money] will be misused.” On July 29, 2024, the trial court denied the Motion to Allow.