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“U.S. Court Amplifies Uncertainty While Adopting House of Lords’ Viewpoint,” Reinsurance

Knowledge

“U.S. Court Amplifies Uncertainty While Adopting House of Lords’ Viewpoint,” Reinsurance

March 2011

“Reinsurance disputes have traditionally been resolved by a panel of arbitrators pursuant to an arbitration clause. The system is tried and tested, but not always seen as the most beneficial to one or more parties once a dispute arises,” writes Jeffrey L. Kingsley, a partner in Goldberg Segalla’s Global Insurance Services Practice Group, in this column for Reinsurance magazine.

“With increasing frequency, a party will proceed to court in an attempt to secure relief in the judicial system over arbitration. It has thus become ever so important to understand the jurisdictions where a dispute could be venued. Strategic and practical decisions can then be made with respect to seeking or opposing arbitration.”

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