Cardem Says Miners Just 'Fishing' For $934M In Pension Suit

Law360 (July 7, 2020, 8:35 PM EDT) -- Bermuda-based Cardem Insurance Co. Ltd. challenged a Washington, D.C., federal judge's recommendation to keep alive claims that it owes nearly $1 billion to a pension fund, arguing Monday that the fund's trustees can't prove that the U.S. has jurisdiction over the case.

U.S. Magistrate Judge G. Michael Harvey found last month that it was too soon to dismiss the suit and gave the United Mine Workers of America 1974 Pension Plan's trustees a chance to show that Cardem can be sued in the U.S.

Judge Harvey granted the trustees' motion for jurisdictional discovery, holding that they may be able to demonstrate...

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