JPMDL Says ‘Centralization Appears Premature’ In Insurance Rehab Case

Mealey's (June 22, 2022, 4:57 PM EDT) -- WASHINGTON, D.C. — The U.S. Judicial Panel for Multidistrict Litigation on June 1 denied an insolvent insurer and its rehabilitators’ motion to transfer and centralize litigation against them to a Pennsylvania federal court, finding that the insurer and its rehabilitators failed to meet the burden of demonstrating “that the benefits of centralization outweigh the disruption to the pending actions and inconvenience that would be imposed on the parties and witnesses.”...