Proceedings In Excess Collateral Reinsurance Dispute Stayed Pending Appeal

Mealey's (May 13, 2021, 1:41 PM EDT) -- MINNEAPOLIS — A Minnesota federal magistrate judge on May 12 granted a motion to stay proceedings pending an appeal to the Eighth Circuit U.S. Court of Appeals in an interpleader suit over excess collateral in an insurance-reinsurance program after determining that a stay of the suit will avoid inconsistent rulings on the interpleaded funds and will help to clarify the issue of the interpleaded funds....