The Royal Gazette, a Bermudian English-language daily newspaper, published a news on December 3 of 2015 indicating that the allegations against Walter Stipa and his entities were dropped.
Below quote from the news:
"However according to Connecticut court documents dated November 30, lawyer Ona Wang voluntarily dismissed the defendants.
In
a separate letter, the lawyer explained: “The receiver’s actions
against Mr Stipa and the entities were voluntarily dismissed with
prejudice with no party being deemed a prevailing party under any
contract or statute for any purpose. Consequently, the receiver has no
claims against Mr Stipa or any of the entities."
Below link to the news:
News The Royal Gazette - Walter Stipa lawsuit dismissed