STORY FROM: Reinsurance & Arbitration
Illinois Has No Significant Connection to Reinsurance Dispute, St. Paul Maintains
December 23, 2015
CHICAGO — St. Paul Fire & Marine Insurance Co. is urging an Illinois federal court to transfer a reinsurance action to Pennsylvania, arguing that the forum is more convenient for the parties and witnesses.
In its Dec. 15 brief filed in the U.S. District Court for the Northern District of Illinois, St. Paul refutes R&Q’s assertion that because the reinsurance contracts at issue were negotiated in Chicago, the case should remain in Illinois.
“Illinois’ only connection to this dispute is that certain events relating to the formation of the contracts 30-plus years ago allegedly occurred there, through an INA ...
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