Ill. Federal Judge Confirms $514,104 Arbitration Award in Reinsurer’s Favor



DOCUMENTS
  • Order


CHICAGO — An Illinois federal judge has granted a reinsurer’s motion to confirm a $514,104 arbitration award issued against the liquidator of Legion Indemnity Co., ruling that the arbitration panel did not exceed its authority by awarding attorneys’ fees on a noncontractual basis.

In an April 6 order, Judge Manish Shah of the U.S. District Court for the Northern District of Illinois further found the issue of attorneys’ fees was submitted to the panel.

Alea Group Limited provided reinsurance to Legion Indemnity Co. during the early 2000s. Certain of the reinsurance agreements required that certain disputes be arbitrated “in accordance …

FIRM NAMES
  • Novak Law Offices
  • Thompson Coburn





UPCOMING CONFERENCES




HarrisMartin's MDL Conference: The Current Mass Tort Landscape - Best Management Practices & Updates on Key Litigation

September 28, 2022 - St. Louis, MO
Four Seasons Hotel, St. Louis

MORE DETAILS



HarrisMartin's Webinar Series: The Hottest Upcoming Device Projects - Strattice Hernia Mesh & Exactech Hip Implants

November 09, 2022

MORE DETAILS