First Virginia Re lawsuits temporarily stayed

By David Marchant

21 years ago

Topics

Keywords

Atlantic Security Ltd. Berkshire Hathaway Bermuda Insurance Market Carolyn Hudgins Christopher Migel

Crews & Hancock PLC First Virginia Reinsurance Ltd. Gary Stephani General Re GeneralCologne Re Gordon McLean John William Crews Judith Kelley Kenneth Patterson Liquidations & Insolvencies Milliman USA PricewaterhouseCoopers Richard Bland Richard Witkowski Robert Sanders Thomas Kellogg Thomas Reindel Victoria Seeger Wachovia Bank

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A slew of lawsuits concerning the collapse of Bermuda-based captive First Virginia Reinsurance Ltd. have been stayed pending a ruling on which United States court should have jurisdiction.
All proceedings have come to a temporary halt while a ‘Judicial Panel on Multidistrict Litigation’ considers a motion by three of the defendants, General Re, GeneralCologne Re and Berkshire Hathaway, to have the cases consolidated into one action at the U. S. District Court for the Western District of Tennessee.

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