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Issue #3, June 2008

Claim Estimation in Liquidations: Integrity - the Final Chapter?

Robert M. Hall discusses the impact of recent case law on the collection of reinsurance recoverables for long-tail claims


$34.3M Award Against AIG Should Stand, N.Y. Judge Rules

A New York federal judge has denied American International Group's motion to amend a $34.3 million judgment that was issued in February after


Clyde & Co. Opens Office in San Francisco

U.K.-based Clyde & Co. has opened a new office in San Francisco with a team of four partners and six associates. William J. Casey


Texas Judge Applies 'First Filed' Rule, Transfers $45M Action

A Texas federal judge transferred a $45 million case involving reinsurance coverage for a 2006 explosion at a chemical plant


Appointment of Arbitrator Did Not Nullify $26.4M Award

An arbitration award was not nullified by the appointment of a replacement arbitrator after the previous arbitrator withdrew, an Illinois federal judge ruled


N.Y. Judge Unseals Award in $3.3 Million Case

A N.Y. judge unsealed two arbitration awards in which Global Reinsurance Corp.'s demand for $2.7M in commutation balances was denied


U.K. Court of Appeal Orders Disclosure Of Arbitration Documents

In a dispute pending in England and internationally, interests of justice require disclosure of arbitration documents in those proceedings, a U.K. court ruled


Reinsurer's Agent Improperly Joined, Florida Judge Rules

A Florida judge has ruled that a reinsurer's agent was improperly joined to a cedent's declaratory judgment action


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


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