STORY FROM: Reinsurance & Arbitration

Discovery Plan, Scheduling Order Issued in Home/Tryg Reinsurance Dispute

NEW YORK – A New York federal judge has issued a “phase one” discovery plan and scheduling order in a lawsuit in which the liquidator of The Home Insurance Co. is seeking payment of reinsurance proceeds under three facultative reinsurance certificates.

In an April 9 order, Judge Naomi Reice Buchwald of the U.S. District Court for the Southern District of New York ordered that all fact discovery relating to the phase one issues must be completed by Sept. 28, and all discovery is due by Nov. 30.

Beginning in 1964, Home issued policies insuring Eli Lilly & Co., International Telephone ...

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