Law360, New York (August 19, 2009) -- The U.S. Judicial Panel on Multidistrict Litigation is considering whether to consolidate a case brought by Great American Insurance Co. against oil and gas exploration company GeoStar Corp. over directors and officers coverage with numerous other suits against the company alleging fraud associated with a horse-breeding scheme.
Judge Thomas L. Ludington of the U.S. District Court for the Eastern District of Michigan on Tuesday agreed to hold off on responding to GeoStar’s request to transfer the case...
