Judge Rejects Travelers' Reconsideration Attempt

Law360, New York (November 18, 2010, 6:08 PM EST) -- A federal judge has quickly rejected an attempt to overturn his decision to largely keep intact a United Bankshares Inc. lawsuit against Travelers Cos. Inc. and Chubb Group of Insurance Cos. affiliates involving $18 million in suspect loans.

Travelers filed a motion Tuesday to reconsider a Nov. 4 opinion and to certify an order for interlocutory appeal. But Judge Joseph R. Goodwin of the U.S. District Court for the Southern District of West Virginia denied that motion just one day later.

Travelers had argued that United...
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