Superstorm Sandy Reinsurance Arbitration Must Take Place in New York, Federal Judge Rules



DOCUMENTS
  • Order


NEW YORK — A reinsurance dispute involving an underlying Superstorm Sandy property damage claim must be arbitrated in New York rather than London pursuant to the terms of the reinsurance certificate’s base-form arbitration clause, a New York federal judge has ruled.

On Jan. 22, Judge George Daniels of the U.S. District Court for the Southern District of New York ruled that Swiss reinsurer Infrassure Ltd. is not bound by an endorsement requiring arbitration in London because it applies to only reinsurers headquartered in the United Kingdom or Bermuda.

Metropolitan Transportation Authority obtained insurance coverage from its captive insurer, First Mutual …

FIRM NAMES
  • Covington & Burling
  • Quinn Emanuel Urquhart & Sullivan





UPCOMING CONFERENCES




HarrisMartin's Webinar Series: Video Game Addiction Product Liability Litigation

March 29, 2024

MORE DETAILS



HarrisMartin's MDL Conference: Video Game Addiction and the Latest Mass Tort Updates

May 29, 2024

MORE DETAILS