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Bermuda Insurer Fights MF Global's $1.8M Attys' Fee Bid

Law360, Washington (May 18, 2017, 5:23 PM EDT) -- Former MF Global excess insurer Allied World Assurance Co. Ltd. said in New York bankruptcy court Wednesday that it never violated court rules, despite the defunct company’s bid for $1.8 million in attorneys' fees over insurers' alleged failure to obtain court permission before filing an action to arbitrate a contract dispute in Bermuda.

MF Global’s trustee says Allied, Ironshore Insurance Ltd., Iron-Starr Excess Agency Ltd. and Starr Insurance & Reinsurance Ltd. should be forced to pay up to $1.8 million as a result of their violation of...
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