Continental Casualty Co. v. Lasalle Re Ltd.

MEMORANDUM OPINION AND ORDER

CASTILLO, District Judge.

Before the Court is the emergency motion of Plaintiff Continental Casualty Co. (“Continental”) to remand this case to state court. (R. 6.) For the following reasons, the motion is denied.

BACKGROUND

Continental, an Illinois corporation having its principal place of business in Chicago, and Defendant LaSalle Re Ltd. (“La-Salle”), a Bermuda corporation having its principal place of business in Hamilton, Bermuda, were parties to several reinsurance agreements, including one known as “All Classes Excess of Loss Retrocession Agreement No. 8550-98”…