A UK judge has ruled that he has jurisdiction over non-UK insurance companies to administrer and complete the runoff of a Willis Group-managed insurance/reinsurance pool under the UK's scheme of arrangement process. In re Sovereign Marine, [2006] EWHC 1335 (High Court Chancery Division June 9, 2006).
Jurisdiction Issues
Jurisdiction discovery allowed as to Barbados-domiciled reinsurer
United States Court of Appeals for the Seventh Circuit reversed the dismissal of a suit against a Barbados-domiciled reinsurer for lack of personal jurisdcition, finding that since the Plaintiff had made a prima facie case for general personal jurisdiction it was entitled to take discovery on jurisdictional issues. Central States, Southeast and Southwest Areas Pension Fund v. Phencorp Reinsurance Company, Inc., – F.3d -, 2006 WL 590370 (7th Cir. Mar. 13, 2006) (slip opinion).