EVERTEST NATIONAL INSURANCE CO. V. SUTTON et al.
(CIVIL ACTION NO.: 08-CV-4643 – April 7, 2009)
THIRD CIRCUIT DISMISSED APPEAL REGARDING THE ENFORCEABILITY OF AN ARBITRATION BOND BASED ON LACK OF JURISDICTION
Appellants appealed a decision from an order by the United States District Court for the District of New Jersey in which it required them to post security with an arbitration panel following an arbitration decision in which the reinsurer was required to pay 70 million dollars following the first phase of …Continue Reading