U.K. Reinsurer Says Lower Court Erred In Interpretation Of Service-Of-Suit Clause

Mealey's (March 28, 2016, 9:28 AM EDT) -- CHICAGO — A reinsurer told the Seventh Circuit U.S. Court of Appeals on March 23 that a lower court judge misinterpreted a reinsurance treaty’s service-of-suit clause, which the reinsurer contends is meant to relate to arbitrations and not litigations (Pine Top Receivables of Illinois, LLC v. Transfercom, Ltd., No. 16-1073, 7th Cir.).

(Appellant’s brief available. Document #12-160401-004B.)

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