Parties In Reinsurance Row Note Stipulation, Seek Stay Pending Mediation Attempt

Mealey's (August 12, 2022, 1:20 PM EDT) -- LOS ANGELES — Parties in a suit alleging breach of reinsurance contracts over billings for claims related to asbestos and other issues have negotiated a stipulation that “substantially narrows the range of disputes” and want the court to maintain its stay of all proceedings until Oct. 10 so they can attempt mediation, they told a California court on Aug. 10; after filing the stipulation, they were granted the continued stay on Aug. 17....