Kestrel Group - GLS Unit Engaged In Arbitration With One Of Its Ceding Companies Over Reinsurance Contract - SEC Filing
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Kestrel Group's GLS unit is engaged in arbitration with a ceding company over alleged breaches and misrepresentations in a reinsurance agreement. GLS seeks full rescission of the contract and recoupment, denying payment of certain invoices, and is vigorously pursuing claims for rescission and recovery of previously paid amounts.
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