Foreign Court Order Assessing Costs is Recognizable, Texas Appeals Court Affirms

FORT WORTH, Texas — Foreign court orders assessing costs against New Hampshire Insurance Co. in connection with its unsuccessful attempt to file a winding-up petition against Magellan Reinsurance Company Ltd. are recognizable under the Uniform Foreign Country Money-Judgment Recognition Act, a Texas appeals court has affirmed.

On Jan. 10, the Texas 2nd Court of Appeal found Magellan met the statutory criteria for recognition of foreign country judgments.

NHIC filed a winding-up petition against Magellan in the Turks and Caicos Islands. In 2006, the TCI Supreme Court ruled in favor of NHIC, but on appeal, the TCI Court of Appeal …