Moore v. National Distillers & Chemical Corp.

OPINION AND ORDER

KATHLEEN A. ROBERTS, United States Magistrate Judge:

Presently before the court is a motion by the defendant retrocessionaires to be relieved of the requirement that they post pre-answer security pursuant to N.Y. Ins. Law § 1213(c)(1).

For the reasons set forth below this motion is denied except as to defendants Ban-co de Seguros del Estados; Instituto De Resseguros Do Brasil; and Grupo de Empresas Seguradoras Brasileiras. The motion is denied as to defendant Chung Kuo Insurance Company unless it submits within twenty days an affidavit demonstrating its status as a foreign…