Legal Opinion

Skandia America Reinsurance Corp. v. Schenck

District Court, S.D. New York

Decided November 21, 1977No. 74 Civ. 5470, 75 Civ. 120PublishedCited by 53 opinions

1Opinion of the Court

GAGLIARDI, District Judge.

This consolidation of two federal statutory interpleader actions raises a novel issue of insurance law. The plaintiff-stakeholders are reinsurance companies and underwriters who entered into reinsurance treaties several years ago with a presently insolvent casualty insurer. These treaties obligate plaintiffs, Skandia America Reinsurance Corporation (“Skandia”), General Reinsurance Corporation (“General Reinsurance”), and Peter Frank Tiarks and Francis Everett Brander, Lead Underwriters for Lloyd’s of London (“Lloyd’s”), to indemnify the insurer for liability on the…

2Cases cited70 opinions

  1. Erie Railroad v. TompkinsSupreme Court of the United States · 1938
  2. Klaxon Co. v. Stentor Electric Manufacturing Co.Supreme Court of the United States · 1941
  3. Edelman v. JordanSupreme Court of the United States · 1974
  4. Alyeska Pipeline Service Co. v. Wilderness SocietySupreme Court of the United States · 1975
  5. Hans v. LouisianaSupreme Court of the United States · 1890

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3Cited by53 opinions

  1. Christiania General Insurance Corporation of New York v. Great American Insurance CompanyCourt of Appeals for the Second Circuit · 1992
  2. Corcoran v. Ardra Insurance Company, Ltd.Court of Appeals for the Second Circuit · 1988
  3. Koken v. Reliance Group Holdings, Inc. (In Re Reliance Group Holdings, Inc.)United States Bankruptcy Court, E.D. Pennsylvania · 2002
  4. In Re RubinUnited States Bankruptcy Court, S.D. New York · 1993
  5. Washburn v. CorcoranDistrict Court, S.D. New York · 1986

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