Texas High Court Lets Foreign 'Loser Pays' Judgment Stand

Law360, Houston (May 24, 2013, 5:48 PM EDT) -- Texas’ highest court on Friday declined to reverse a lower appeals court’s ruling that companies can enforce “loser pays” litigation cost awards from foreign countries in the state’s courts, dealing a blow to New Hampshire Insurance Co., which argued the costs were an uncollectible foreign tax.

Without comment, the Texas Supreme Court denied NHIC’s petition for review, upholding a decision by the Second District Court of Appeals that the insurer must pay Magellan Reinsurance Co. Ltd. about $140,000 in court costs pursuant to an order from...
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