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VANTAGE COMMODITIES FINANCIAL SERVICES I, LLC v. ASSURED RISK TRANSFER PCC, LLC et al
Case Number:
1:17-cv-01451
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April 29, 2019
Reinsurers Can't Shake Fight Over Finance Co.'s $26M Award
A D.C. federal judge has declined to nix Vantage Commodities Financial Services I LLC's revamped claims that seven reinsurers must help cover a $26 million arbitration award the finance company won against its insurer, finding the allegations plausible.
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August 07, 2018
Reinsurers Freed From Battle Over Finance Co.'s $26M Award
A District of Columbia federal judge on Monday dismissed Vantage Commodities Financial Services LLC's claims that seven reinsurers must help cover a $26 million arbitration award that the finance company won against its insurer, but he allowed Vantage to proceed with negligence claims against the broker that lined up the reinsurance coverage.