Insurer Urges 2nd Circuit To Uphold ‘All Sums’ Ruling Against English Reinsurer

Mealey's (February 23, 2022, 1:05 PM EST) -- NEW YORK — Asserting that an English reinsurer asks the Second Circuit U.S. Court of Appeals “not to apply English law, but radically to extend it,” an insurer argues in a Feb. 18 appellee brief that a New York federal court’s grant of summary judgment over allocation of an environmental claims settlement should be affirmed....