Stay In Excess Collateral Reinsurance Suit Lifted For Limited Purpose

Mealey's (June 3, 2021, 8:41 AM EDT) -- MINNEAPOLIS — Following the notification of a settlement between two parties involved in an interpleader suit over excess collateral in an insurance-reinsurance program, a Minnesota federal magistrate judge on June 1 issued a text-only order lifting a stay in the suit for the limited purpose of allowing the parties to file dismissal papers and to file a motion related to interpleaded funds attributable to one of the parties involved in the settlement....