(June 2, 2016, 10:40 AM EDT) -- CHICAGO — A federal judge in Illinois on May 31 held that the assignee of certain reinsurance recoverables’ breach of contract claims against a Brazilian reinsurer are untimely under Illinois law (Pine Top Receivables of Illinois, LLC v. Banco De Seguros Del Estado, No. 12-cv-06357, N.D. Ill.; 2016 U.S. Dist. LEXIS 70462)....