STORY FROM: Reinsurance & Arbitration
"Is There a Contractual Solution to the Recurring Litigation Arising From Service of Suit Clauses?" by K. Renee Schimkat
December 19, 2016
[Editor's note: K. Renee Schimkat is a Professor of Legal Writing and Lecturer in Law at University of Miami School of Law. In addition to teaching legal writing and communication, she teaches an upper-level writing course on Electronic Discovery and has taught courses on insurance law. Copyright 2016, K. Renee Schimkat.]
A federal appellate court recently held that a foreign reinsurer waived its right to remove an action to federal court based upon the clear wording of a service of suit clause contained in the parties’ reinsurance treaties. In Pine Top Receivables of Ill., LLC v. Transfercom, Ltd., 836 F.3d ...