Reinsurer Tells Court To Deny Insurer’s Bid For Costs, Attorney Fees Of $400,000

Mealey's (October 14, 2020, 1:06 PM EDT) -- NEW YORK — An English reinsurer in an Oct. 13 memorandum says that under New York law, general fee-shifting rules are procedural and, therefore, a New York federal court should deny an umbrella insurer’s request for $400,000 in attorney fees and expert costs incurred in successfully litigating a dispute with the reinsurer over responsibility for an environmental claims settlement (The Insurance Company of the State of Pennsylvania v. Equitas Insurance Limited, No. 17-6850, S.D. N.Y.)....