Thanks for this.
The terminology is a bit confusing, tell me if I'm understanding correctly. I'm getting "terminations" as debtors (ie carriers) terminating agreements with CoreFund and obtaining a release.
That is, the receiver is attempting to restore the firm to an operational state, and then wind it down without leaving interested parties hanging?
I wonder if there's a merger/acquisition in the works as a possible way out. Seems the cleanest way to resolve this. Of course the initial step of getting it back to minimum functionality would have to be complete before any larger competitor would touch it with a 10 foot pole.