Panel Vacates Ruling In Favor Of Logistics Company In Insurer’s Subrogation Suit

(April 5, 2024, 12:12 PM EDT) -- NEW YORK — The Second Circuit U.S. Court of Appeals on April 4 vacated a lower federal court’s summary judgment ruling in favor of a logistics company in an insurer’s subrogation lawsuit seeking coverage for its pharmaceutical manufacturer insured’s loss of more than $1.8 million in damaged cargo, finding that there is a genuine dispute of material fact regarding whether the logistics company was a contracting carrier subject to the Montreal Convention and its two-year statute of limitations....