Reinsurance Agent Says Court’s Dismissal Of Suit Should Stand
Mealey's (April 22, 2016, 10:41 AM EDT) -- NEW YORK — A reinsurance agent told a federal court in New York on April 21 that the assignee of certain reinsurance receivables has not shown sufficient evidence to justify the court reconsidering its dismissal of the parties’ case (NEM Re Receivables LLC v. Fortress Re Inc., No. 15-cv-03875, S.D. N.Y.).
(Response available. Document #12-160506-010B.)
NEM Re Receivables LLC sued Fortress Re Inc. in the U.S. District Court for the Southern District of New York on May 12, 2015, explaining that it is the assignee of...