Parties In Reinsurance Case Over Mine Damages Debate If Stocks Were Held In Trust

Mealey's (May 2, 2019, 10:37 AM EDT) -- SPRINGFIELD, Ill. — An insurance fund and a railroad company filed supplemental briefs on April 24 with an Illinois federal court to address whether shares of stock were held in a resulting trust to support claims for alter-ego and de facto merger with regard to payment for mine subsidence damages in their reinsurance coverage dispute (Illinois Mine Subsidence Insurance Fund v. Union Pacific Railroad Co., No. 17-3199, C.D. Ill.)....