Judge Remands Reinsurance Case On Basis Of Service-Of-Suit Clause

Mealey's (December 16, 2015, 11:26 AM EST) -- CHICAGO — A federal judge in Illinois on Dec. 14 granted the assignee of certain of an insolvent insurer’s rights’ motion to remand a reinsurance dispute to a state court (Pine Top Receivables of Illinois, LLC v. Transfercom, Ltd., No. 15-cv-8908, N.D. Ill.; 2015 U.S. Dist. LEXIS 167202).

(Opinion available. Document #12-151218-011Z.)

Pine Top Receivables of Illinois LLC (PTRIL) sued Transfercom Ltd. in the Cook County, Ill., Circuit Court, on Sept. 9 and brought a claim of breach of contract and claims pursuant to 215 Illinois...
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