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Companion Property and Casualty Insurance Company v. US Bank National Association
Case Number:
3:15-cv-01300
Court:
Nature of Suit:
Judge:
Firms
- Cahill Gordon
- Collins & Lacy
- DLA Piper
- Faegre Drinker
- Fox Rothschild
- Greenberg Traurig
- Nelson Mullins
- Willkie Farr
- Wyche PA
Companies
Sectors & Industries:
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April 10, 2017
US Bank Gets Insurer's Records In $180M Insurance Suit
A South Carolina federal judge on Friday refused to stop the turnover of an insurer's financial documents, but allowed the insurer to vet the information first, in a case alleging U.S. Bank NA negligently allowed two reinsurance companies to replace $180 million in assets held in trust accounts with worthless and highly illiquid assets.
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March 24, 2015
Insurer Sues US Bank Over Losses To $180M Trust Accounts
A South Carolina insurer has sued U.S. Bank NA in federal court, accusing the bank of negligently allowing two reinsurance companies to replace $180 million in assets held in trust accounts with worthless and highly illiquid assets.