Claims Against Insolvent Reinsurer Stayed in Mass. Coverage Action



DOCUMENTS
  • Order


BOSTON — A Massachusetts federal judge has stayed counterclaims asserted by Lamorak Insurance Co. against an English reinsurer in a reinsurance coverage action in light of the reinsurer’s recent bankruptcy order.

On Feb. 28, Judge Nathaniel Gorton of the U.S. District Court for the District of Massachusetts granted the parties’ joint motion to stay all claims against Stronghold Insurance Company Ltd.

According to the motion, Stronghold has been subject to insolvency-related proceedings in England and was placed into formal administration on June 27. The U.S. Bankruptcy Court for the Southern District of New York subsequently directed a stay of …

FIRM NAMES
  • Mintz Levin Cohn Ferris Glovsky & Popeo
  • Sidley Austin





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