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Legal Opinion

Vantage Commodities Financial Services I, LLC v. Assured Risk Transfer Pcc, LLC

District Court, District of Columbia

Decided August 6, 2018No. Civil Action No. 2017-1451Published

1Opinion of the Court

UNITED STATES DISTRICT COURT FOR THE DISTRICT OF COLUMBIA VANTAGE COMMODITIES FINANCIAL SERVICES I, LLC, Plaintiff, Case No. 1:17-cv-01451 (TNM) v. ASSURED RISK TRANSFER PCC, LLC, et al., Defendants. MEMORANDUM OPINION Vantage Commodities Financial Services I, LLC won a multi-million dollar arbitration award against Assured Risk Transfer PCC, LLC, or ART. Now Vantage wants the money. Although the arbitration award represents the proceeds of a credit insurance policy that ART sold to Vantage, ART says it cannot pay by itself because it counted on help from reinsurance companies. And the…

2Cases cited34 opinions

  1. Ashcroft v. IqbalSupreme Court of the United States · 2009
  2. Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
  3. International Shoe Co. v. WashingtonSupreme Court of the United States · 1945
  4. Hanson v. DencklaSupreme Court of the United States · 1958
  5. Daimler AG v. BaumanSupreme Court of the United States · 2014

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