First Source Wyoming

AXIS Reinsurance Company is being sued in an attempt to force it to pay out claims of up to $5 million to cover legal defense costs incurred by insureds accused of defrauding investors in a mare leasing program.A civil complaint

Complaint in James D. Lyon, as Chapter 7 Trustee of ClassicStar LLC, v. Karren Hendrix Stagg Allen & Co., Terry L Green, Handler Thayer & Duggan, LLC, Thomas J. Handler, Thomas J. Handler, J.D., P.C., Steven J. Thayer, James M. Duggan, Gregory J. Bertsch, and Hanna Strader, P.C. at the U. S. Bankruptcy Court for the Eastern District of Kentucky.