Legal Opinion

Employers Insurance of Wausau v. El Banco De Seguros Del Estado

Court of Appeals for the Seventh Circuit

Decided February 25, 2004No. 03-2484, 03-2771PublishedCited by 8 opinions

1Opinion of the Court

POSNER, Circuit Judge.

The proeedurally intricate litigation that has culminated in these twin appeals arises from a dispute between the parties to several contracts of reinsurance. Back in the 1960s and 1970s, Employers Insurance of Wausau had reinsured certain of its insurance obligations with a number of insurance companies including an instrumentality of the Uruguayan government called El Banco de Seguros del Estado (“state insurance bank”). Wausau sustained losses from claims arising out of asbestos-related illness that it tried to offload on to the reinsurers. They resisted. Wausau…

2Cases cited20 opinions

  1. Pasadena City Board of Education v. SpanglerSupreme Court of the United States · 1976
  2. In the Matter of Compton Corp., Debtor. Walter Kellogg, Trustee v. Blue Quail Energy, Inc., and Mbank Abilene, N.A.Court of Appeals for the Fifth Circuit · 1988
  3. Resolution Trust Corporation, as Receiver for Peoples Savings and Loan Associations, F.A. v. Angelo Ruggiero and Gina RuggieroCourt of Appeals for the Seventh Circuit · 1993
  4. In Re Air Conditioning, Inc. Of Stuart, Debtor. American Bank of Martin County, Douglass E. Wendel, Trustee v. Leasing Service CorporationCourt of Appeals for the Eleventh Circuit · 1988
  5. Glass, Molders, Pottery, Plastics and Allied Workers International Union, Afl-Cio, Clc, Local 182b v. Excelsior Foundry CompanyCourt of Appeals for the Seventh Circuit · 1995

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3Cited by8 opinions

  1. U.S. Energy Corp. v. Nukem, Inc.Court of Appeals for the Tenth Circuit · 2005
  2. Lawrence W. Olson, Individually and as Trustee of the Lawrence W. Olson Charitable Remainder Trust Dated 11/01/92 v. Wexford Clearing Services Corp.Court of Appeals for the Seventh Circuit · 2005
  3. Phelps Dodge Corp. v. Schumacher Electric Corp.Court of Appeals for the Seventh Circuit · 2005
  4. General Re Life Corp. v. Lincoln National Life Insurance Co.District Court, D. Connecticut · 2017
  5. Clayton Creason v. Elanco US Inc.Court of Appeals for the Seventh Circuit · 2026

3 more not listed; retrieve them via the Exa API.

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