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Patton Boggs Reinsurance Newsletter - December 2012: Connecticut Appellate Court Rules That a Commutation Agreement Terminated...

Trenwick Am. Reinsurance Corp. v. W.R. Berkley Corp., 54 A.3d 209 (Conn. App. Ct. 2012). A Connecticut appellate court affirmed a trial court judgment holding that an agreement between the reinsurer and the cedent...more

Ninth Circuit Vacates Restitution Order In Overdraft Ordering Case, Allows State Fraud Claims To Proceed

On December 26, the U.S. Court of Appeals for the Ninth Circuit held that a national bank’s practice of posting payments to checking accounts in a particular order is a federally authorized pricing decision, and that federal...more

A Federal Judge Can't Reopen A Sentencing Hearing, Even When There's $17 million In Restitution At Stake

It's hard, when things go wrong, not to seek a mulligan. And we all get off on the wrong foot sometimes. When a case is in front of a federal judge for sentencing, though, a mulligan is only very rarely...more

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