For Lawyers | Log In | Join | Upload
WORKING... advanced

Patton Boggs Reinsurance Newsletter- March 2013: New York Federal Court Denies Motion to Reconsider on Reinsurer Summary Judgment on Most Claims Made by Terminated Managing Agent, But Certifies Order as Final for Appeal

more+
less-

Acumen Re Management Corp. v. Gen. Sec. Nat'l Ins. Co., No. 09 Civ. 796 (GBD), 2012 WL 3890128 (S.D.N.Y. Dec. 4, 2012).

We reported on this case in our December 2012 Reinsurance Newsletter. The managing agent moved to have the court reconsider its grant of summary judgment. The court denied the motion holding that the managing agent did not raise any controlling decisions or factual matters overlooked by the court. But the court did certify the order granting summary judgment as final to allow for an immediate appeal because summary judgment was granted on four of five grounds supporting the claim and it would be judicially inefficient not to avoid a costly, duplicative trial if the appeal is successful.


Topics:  Motion To Reconsider, Reinsurance, Summary Judgment

Published In: Civil Procedure Updates, Insurance Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Patton Boggs LLP | Attorney Advertising

×

Expand Your Reach

JD Supra gets your content noticed, increases your visibility and makes your marketing efforts hassle free...

Learn More  or  Schedule a demo