Reinsured Says Court Must Confirm Asbestos-Related Arbitration Award

Mealey's (February 23, 2016, 1:33 PM EST) -- NEW YORK — An insurer tells a federal court in New York in a Feb. 12 brief that its reinsurer’s argument that the court cannot confirm an arbitration award that has been paid is without merit (National Casualty Company v. Resolute Reinsurance Company, No. 15-cv-09440, S.D. N.Y.).

(Reply available. Document #12-160304-008B.)

National Casualty Co. sued Resolute Reinsurance Co. in the U.S. District Court for the Southern District of New York on Nov. 24. On Nov. 25, Judge Victor Marreo ordered the case sealed. Judge Denise L....
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