AIG Unit Fights Rare Arbitration Injunction In 6th Circ.

Law360, New York (December 10, 2013, 7:27 PM EST) -- An American International Group Inc. unit recently pressed the Sixth Circuit to throw out a rare ruling that halted a reinsurance arbitration before a final award was made, claiming the lower court stepped out of bounds and ignored binding precedent.

National Union Fire Insurance Co. of Pittsburgh, Pa. argued that the district court had no jurisdiction to issue a preliminary injunction that stopped its arbitration with members of Meadowbrook Insurance Group over a reinsurance treaty that covered Meadowbrook's workers' compensation business.

According to National Union, neither...
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