No Personal Jurisdiction Exists Over Reinsurers In Breach Of Contract Case, Judge Says

Mealey's (August 7, 2018, 1:49 PM EDT) -- WASHINGTON, D.C. — A financial services company failed to establish a District of Columbia federal court’s personal jurisdiction over reinsurers, a federal judge held Aug. 6, granting the reinsurers’ motions to dismiss breach of contract claims in a lawsuit seeking to recover a $26 million arbitration award (Vantage Commodities Financial Services I, LLC v. Assured Risk Transfer PCC, LCC, et al., No. 17-01451, D. D.C., 2018 U.S. Dist. LEXIS 131401)....