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Issue #3, June 2008

Foreign Investors Urge N.Y. Judge to Grant Class Certification

Foreign shareholders of Converium stock are urging a N.Y. judge to grant them class certification


Reinsurer May Appeal $91.4M Award Without Leave of Court

An English justice ruled that a reinsurer is not required to seek leave of court in order to appeal a $91.4 million award


Judge Dismisses Reinsurance Associations' Suit Against AIG

A Minnesota judge dismissed a lawsuit accusing AIG of fraudulently understating its workers' compensation premiums


Lawrence Brandes, Harry Cohen, Will Leave Cadwalader

Reinsurance and arbitration specialists <b>Lawrence Brandes</b> and <b>Harry Cohen</b> say they plan to leave Cadwalader, Wickersham & Taft


House of Lords Orders Transfer of HIH Reinsurance Assets to Australia

England's highest court ruled that reinsurance assets held in the U.K. for the insolvent HIH group should be transferred to Australia


Ramona Tire Refutes Rehabilitator's Fraud Claims

Ramona Tire Inc. wholly denied allegations that it underfunded its captive insurer in an effort to defraud Frontier Insurance Co.


N.J. Judge Orders Converium To Follow $4.4M Settlement

Converium Re is bound to a $4.4M settlement of employer liability claims because the ultimate net loss exceeded the treaty's retention, a N.J. judge ruled


Reinsurer Must Pay Costs Arising From Confirmation Proceedings

After prevailing in their effort to confirm an award, two claims adjusters are entitled to collect $335,396 in costs from Employers' Re


Issue #2, May 2008

Indiana Judge Awards $20 Million To Victims of ERISA Scam

An Indiana judge awarded $20M to small business owners who paid for phony employee benefit plans backed by an undercapitalized Belgian reinsurer


Senate Confirms Catharina Haynes to the 5th Circuit

<b>Catharina Haynes</b>, a partner with Baker Botts in Dallas, has been confirmed to the 5th Circuit U.S. Court of Appeals.


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