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Berkshire Unit's Suit Over TransRe Arbitration Tossed

By Bibeka Shrestha (April 1, 2014, 7:03 PM EDT) -- A Nebraska federal court on Tuesday tossed a Berkshire Hathaway Inc. subsidiary's lawsuit challenging Transatlantic Reinsurance Co.'s efforts to pull it into arbitration over reinsurance agreements covering legacy asbestos and environmental liabilities, finding the battle would be better resolved in Illinois and New York....

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