Legal Opinion

Gerling Global Reinsurance Corp. v. Sompo Japan Insurance

District Court, S.D. New York

Decided November 10, 2004No. 04 Civ. 3060(SHS)PublishedCited by 6 opinions

1Opinion of the Court

OPINION & ORDER

STEIN, District Judge.

Plaintiff Gerling Global Reinsurance Corporation, U.S. Branch, seeks a declaratory judgment that Sompo Japan Insurance Company is obligated to post a letter of credit in the amount of $7.5 million. Defendant Sompo has now moved to dismiss the complaint on two grounds: lack of subject matter jurisdiction pursuant to Fed. R. Civ. P 12(b)(1) and failure to state a claim pursuant to Fed.R.Civ.P. 12(b)(6). Gerling has cross moved pursuant to New York Insurance Law § 1213(c) to require Sompo to post a bond in the amount of $7.5 million. As explained below, this…

2Cases cited9 opinions

  1. Kokkonen v. Guardian Life Insurance Co. of AmericaSupreme Court of the United States · 1994
  2. National Union Fire Insurance Company Of Pittsburgh, Pa. v. Belco Petroleum CorporationCourt of Appeals for the Second Circuit · 1996
  3. Borden, Inc. v. Meiji Milk Products Co., Ltd.Court of Appeals for the Second Circuit · 1990
  4. Sigval Bergesen, as Owners of the M/t Sydfonn, Frostfonn and Nordfonn v. Joseph Muller CorporationCourt of Appeals for the Second Circuit · 1983
  5. China National Metal Products Import/Export Co. v. Apex Digital, Inc.District Court, C.D. California · 2001

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3Cited by6 opinions

  1. Goel v. RAMACHANDRANDistrict Court, S.D. New York · 2011
  2. Bahrain Telecommunications Co. v. Discoverytel, Inc.District Court, D. Connecticut · 2007
  3. CRT Capital Group v. SLS Capital, S.A.District Court, S.D. New York · 2014
  4. Albaniabeg Ambient Sh.p.k. v. Enel S.p.A.District Court, S.D. New York · 2016
  5. Stemcor USA, Inc. v. America Metals Trading, LLPDistrict Court, E.D. Louisiana · 2016

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