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Assignee Tells Court It Is Appealing Denial Of Motion To Amend Complaint

Mealey's (September 27, 2016, 9:50 AM EDT) -- NEW YORK — The assignee of certain reinsurance recoverables of an insolvent insurer told a federal court in Illinois on Sept. 22 that it is appealing to the Seventh Circuit U.S. Court of Appeals the court’s holding that the assignee had not shown that leave to amend its complaint should be granted after a motion for summary judgment had been decided (Pine Top Receivables of Illinois, LLC v. Banco De Seguros Del Estado, No. 12-cv-06357, N.D. Ill.).

(Notice of appeal available. Document #12-161007-009X.)

Pine Top Receivables...
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