Reinsurance Case Survives Dismissal Motion in Mass. Federal Court



DOCUMENTS
  • Motion for Reconsideration
  • Order


BOSTON — A Massachusetts federal judge has refused to dismiss a lawsuit arising from a reinsurance contract and stock purchase agreement between SPARTA Insurance Co. and Pennsylvania General Insurance Co. (PGIC), ruling that the amended complaint, while “far from clear,” alleges an injury-in-fact.

In an Aug. 9 order, Chief Judge F. Dennis Saylor IV of the U.S. District Court for the District of Massachusetts further ruled that the complaint states a claim and is ripe for adjudication.

In June 2005, PGIC and American Employers Insurance Co. (AEIC) entered into a reinsurance agreement, under which AEIC’s liabilities were transferred and …

FIRM NAMES
  • Boies Schiller Flexner LLP
  • Cohen Kinne Valicenti & Cook LLP
  • Skadden Arps Slate Meagher & Flom LLP





UPCOMING CONFERENCES




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

November 09, 2022

MORE DETAILS



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