7th Circuit Affirms Lower Court Order Remanding Reinsurance Case
(September 6, 2016, 1:30 PM EDT) -- CHICAGO — A Seventh Circuit U.S. Court of Appeals panel on Sept. 1 affirmed a remand order from a lower court, noting that the reinsurance agreements at issue in the case have service of suit clauses that leave forum selection up to the reinsured (Pine Top Receivables of Illinois, LLC v. Transfercom, Ltd., No. 16-1073, 7th Cir.; 2016 U.S. App. LEXIS 16225).
(Opinion available. Document #12-160916-001Z.)
Pine Top Receivables of Illinois LLC (PTRIL) sued Transfercom Ltd. on Sept. 9, 2015, in the Cook County, Ill., Circuit...