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LLR: Insurance & Reinsurance

MOORE V NATIONAL DISTILLERS AND CHEMICAL CORPORATION ET AL

(1993) 2 Re LR 152

United States District Court Southern District of New York

Before US Magistrate Judge Kathleen A Roberts

United States - Security - Foreign retrocessionaires sued by liquidator of Kentucky cedant - Choice of law doctrine - Whether New York had greater concern with issue of pre-answer security than Kentucky - Whether lawful service under Kentucky law sufficient to permit application of NY insurance law to retrocessionaires - Whether liquidator had waived right to demand that retrocessionaires post pre-answer security - Whether service of suit clause in reinsurance treaties constituted explicit waiver of sovereign immunity by foreign retrocessionaires.

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