Judge Denies Reconsideration Of Order Dismissing Uncollected Reinsurance Case

Mealey's (May 18, 2016, 7:59 AM EDT) -- NEW YORK — A federal judge in New York on May 5 denied the assignee of certain reinsurance receivables’ motion for reconsideration of an order dismissing its suit against a reinsurance agent (NEM Re Receivables LLC v. Fortress Re Inc., No. 15-cv-03875, S.D. N.Y.).

(Opinion available. Document #12-160520-011Z.)

NEM Re Receivables LLC sued Fortress Re Inc. on May 12, 2015, in the U.S. District Court for the Southern District of New York. NEM Re explained that it is the assignee of reinsurance receivables of NEM Reinsurance...
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