United States Eighth Circuit

District court did not err in concluding defendant reinsurers had failed, as a matter of law, put forth sufficient evidence to support their claim that they had the right to rescind their reinsurance contracts with plaintiff based on its alleged material misrepresentations. Parties did not contract to preempt application of the industry's follow-the-fortunes doctrine.

Appellate Information

• Decided 09/09/2002
• Published 09/09/2002

Judges

• BOWMAN, Circuit Judge., Before HANSEN, Chief Judge, FAGG, and BOWMAN, Circuit Judges.

Court

• United States Eighth Circuit

Counsel

• For Appellant:
  
• Deborah F. Cohen, argued, Philadelphia, PA (Stacy A. Broman, Erica Gutmann Strohl, Christine G. Russell and Michael J. Gilleece, on the brief), for appellant.


• For Appellees:
  
• Jerry W. Snider, argued, Minneapolis, MN (Deborah A. Ellingboe and C. David Flower, on the brief), for appellee.