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