STORY FROM: Reinsurance & Arbitration
Agent May Not Appeal Award of Partial Summary Judgment to Reinsurer in Fee Dispute, N.Y. Federal Judge Rules
March 9, 2016
NEW YORK — A New York federal judge has denied Acumen Re Management Co.’s bid to appeal an order awarding a reinsurer partial summary judgment in a dispute over contingency fees, ruling that Acumen has failed to articulate a controlling question of law as to which there is substantial ground for difference of opinion.
On March 7, Judge George Daniels of the U.S. District Court for the Southern District of New York noted that in the order, the court found the record lacks evidence as to what Acumen’s contingent commission payments should have been. Questions relating to the proper evaluation ...
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