Insurer Appeals Ruling That Reinsurance Arbitration Must Be Held In New York

(February 9, 2016, 7:05 AM EST) -- NEW YORK — A captive insurer on Feb. 1 appealed to the Second Circuit U.S. Court of Appeals a New York federal judge’s ruling that an arbitration must be held in New York and not London (Infrassure, Ltd. v. First Mutual Transportation Assurance Company, Inc., No. 15-cv-8230, S.D. N.Y.).

(Notice of appeal available. Document #12-160219-003X.)

Swiss reinsurance company Infrassure Ltd. sued First Mutual Transportation Assurance Co. Inc. (FMTAC) in the U.S. District Court for the Southern District of New York on Oct. 19, seeking declaratory judgment...
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