Insurer: Prospective Intervenor Should Not Be Allowed Into Arbitration Suit
(August 24, 2016, 12:53 PM EDT) -- NEW YORK — An insurer filed its opposition to a motion to intervene in a reinsurance arbitration dispute in a federal court in New York on Aug. 23, arguing that granting the intervention would undermine the purpose of arbitrating instead of litigating the underlying claims (Certain Underwriting Members at Lloyd’s, London Subscribing to Treaty No. 0272/04 v. Insurance Company of the Americas, No. 16-cv-00374, S.D. N.Y.).
(Response available. Document #12-160902-006B.)
Certain Underwriting Members at Lloyd’s, London Subscribing to Treaty No. 0272/04 sued Insurance Company of the...