Appellate Panel Says New York Is Correct Place For Reinsurance Arbitration

Mealey's (November 21, 2016, 9:56 AM EST) -- NEW YORK — The Second Circuit U.S. Court of Appeals on Nov. 16 affirmed a lower court ruling that a reinsurance dispute should be arbitrated in New York and not London (Infrassure, Ltd. v. First Mutual Transportation Assurance Company, Inc., No. 16-306, 2nd Cir.; 2016 U.S. App. LEXIS 20529)....