Herculean Metaphors, Other Peculiarities Of Heller V. Ace
January 7, 2014, 3:09 PM EST
Law360, New York (January 7, 2014, 3:09 PM EST) -- Does a party waive its right to demand appraisal if it states in open court, “We don’t like appraisal,” simultaneously opposes a motion to compel appraisal in a companion case with nearly identical facts, attempts a unilateral “stealth appraisal,” and delays demanding appraisal until nearly a year after litigation?
According to Judge Micaela Alvarez of the Southern District of Texas, not even those facts warrant a finding of waiver. This recent opinion regarding appraisal can be found at Heller v. Ace European Group, No. 7:12 –...
Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.