Judge Refuses to Set Trial Date in $26 Million Reinsurance Case, Citing Pandemic




WASHINGTON, D.C. — Citing the “uncertainty given the ongoing COVID-19 pandemic,” a federal judge has denied Vantage Commodities Financial Services Inc.’s unopposed motion for a trial date in its action accusing reinsurers of wrongly refusing to pay a $26 million arbitration award issued in its favor.

In a Feb. 18 minute order, Judge Trevor N. McFadden of the U.S. District Court for the District of Columbia also cited the court’s need to prioritize criminal trials in accordance with the court’s standing order.

Assured Risk Transfer PCC LLC (ART) sold Vantage a credit insurance policy covering Vantage’s losses up to $22 …

FIRM NAMES
  • Blank Rome LLP
  • Mintz Levin Cohn Ferris Glovsky & Popeo





UPCOMING CONFERENCES




HarrisMartin's New Jersey Asbestos Litigation Conference

February 27, 2025 - New Brunswick, NJ
Hyatt Regency New Brunswick

MORE DETAILS



HarrisMartin’s Artificial Stone Silicosis Epidemic Litigation Conference

April 08, 2025 - Long Beach, CA
The Westin Long Beach

MORE DETAILS