Legal Opinion

Westrm-West Risk Markets, Ltd. v. Lumbermens Mutual Casualty Co.

District Court, S.D. New York

Decided April 19, 2004No. 02 Civ.7344 MGCPublishedCited by 2 opinions

1Opinion of the Court

OPINION

CEDARBAUM, District Judge.

WestRM-West Risk Markets, Ltd. (“WestRM”) sues for payment under four surety bonds issued by defendants Greenwich Insurance Company (“Greenwich”) and XL Reinsurance America, Inc. (“XL Reinsurance”). 1 After limited discovery, WestRM moved for summary judgment. For the following reasons, the motion is granted.

Background

The following facts are undisputed, except where specifically noted.

In late 2001, Willis Group, Inc. (‘Willis”), an English insurance broker, approached WestRM, a Swiss reinsurance company, with a proposal for a series of transactions intended to…

2Cases cited17 opinions

  1. Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
  2. Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
  3. Paddington Partners v. Jean-Louis Bouchard, Herbert A. Denton, Econocom Finance Nv Econocom International N v. Jeffries & Company, Inc.Court of Appeals for the Second Circuit · 1994
  4. Danann Realty Corp. v. HarrisNew York Court of Appeals · 1959
  5. Citibank, N. A. v. PlapingerNew York Court of Appeals · 1985

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3Cited by2 opinions

  1. Alpha GmbH & Co. Schiffsbesitz KG v. BIP Industries Co.Appellate Division of the Supreme Court of the State of New York · 2006
  2. Javelin Global Commodities (UK) Ltd. v. BoothDistrict Court, S.D. New York · 2023

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