Panel: Insolvent Insurer Did Not Show Mortgagor Consented To Jurisdiction

(December 18, 2017, 11:37 AM EST) -- MADISON, Wis. — An insolvent insurer failed to show that a mortgagor consented to personal jurisdiction by appearing in a rehabilitation proceeding, a Wisconsin appeals panel ruled Dec. 14, also finding no jurisdiction under Wisconsin’s long-arm statute because there was no injury to the insurer in Wisconsin for purposes of its fraudulent inducement claim (Ambac Assurance Corp. v. Countrywide Home Loans Inc., No. 2015AP1493, Wis. App., 4th Dist., 2017 Wisc. App. LEXIS 1023)....

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