U.K. Reinsurer Says Lower Court Erred In Interpretation Of Service-Of-Suit Clause

Mealey's (March 28, 2016, 9:28 AM EDT) -- CHICAGO — A reinsurer told the Seventh Circuit U.S. Court of Appeals on March 23 that a lower court judge misinterpreted a reinsurance treaty’s service-of-suit clause, which the reinsurer contends is meant to relate to arbitrations and not litigations (Pine Top Receivables of Illinois, LLC v. Transfercom, Ltd., No. 16-1073, 7th Cir.)....