Legal Opinion
In re Liquidaation of Inter-American Insurance
Appellate Court of Illinois
Decided February 2, 1999No. 1-98-2508PublishedCited by 1 opinion
1Opinion of the CourtJustice Cousins
Appellant Alabama Reassurance Company (Alabama Re) had reinsurance contracts with a now-insolvent life insurance provider, Inter-American Insurance Company of Illinois (Inter-American). The contracts had broad arbitration clauses. Alabama Re disputes its alleged obligation to pay Inter-American’s living policyholders the present net value of their policies. The liquidation court rejected Alabama Re’s defense that it was not obligated under the contracts because they were executory and Inter-American’s estate had rejected them. Alabama Re moved to compel arbitration of its remaining defenses.…
2Cases cited10 opinions
- Shearson/American Express Inc. v. McMahonSupreme Court of the United States · 1987
- Doctor's Associates, Inc. v. Emily DistajoCourt of Appeals for the Second Circuit · 1997
- Cabinetree of Wisconsin, Incorporated v. Kraftmaid Cabinetry, IncorporatedCourt of Appeals for the Seventh Circuit · 1995
- St. Mary's Medical Center of Evansville, Incorporated v. Disco Aluminum Products Company, Incorporated, N/k/a Luminar Products, IncorporatedCourt of Appeals for the Seventh Circuit · 1992
- Midwest Window Systems, Inc. v. Amcor Industries, Inc.Court of Appeals for the Seventh Circuit · 1980
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3Cited by1 opinion
- In Re Liquidation of Inter-American Ins.Appellate Court of Illinois · 1999