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LLR: Insurance & Reinsurance

INTERNATIONAL INSURANCE COMPANY V CERTAIN UNDERWRITERS AT LLOYD’S OF LONDON AND OTHERSSOCIETE COMMERCIALE DE REASSURANCE SACLARKSON PUCKLE GROUP LTDERAS (INTERNATIONAL) LTD CLARKSON PUCKLE INTERNATIONAL REINSURANCES LTD BAIN CLARKSON LTD (THIRD PARTIES)

(1993) 2 Re LR 5

United States District Court Northern District of Illinois Eastern Division

Before Magistrate Judge Weisberg

Jurisdiction - Lloyd’s - US federal court -Diversity and ancillary jurisdiction - Reinsured’s complaint against reinsurers, syndicates at Lloyd’s - Syndicates’ Names including Illinois residents - Whether complete diversity of citizenship lacking -Whether ancillary jurisdiction conferred by reinsurers’ counterclaim alleging racketeering - Whether court should exercise discretion in favour of retaining jurisdiction.

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