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In SDNY Two Insurers Duel About Puerto Rican Mediation While Judge Liman Agreed To Expedite

By Matthew Russell Lee, Patreon
BBC - Guardian UK - Honduras - The Source

SDNY COURTHOUSE, April 27 – Two insurance companies facing an April 29 arbitration in Puerto Rico squared off on April 27 on before U.S. District Court for the Southern District of New York Judge Lewis J. Liman and Inner City Press covered it.

   Universal Life Insurance Company is the one which sought the Puerto Rico arbitration, claiming it is being hurt by irregularities at PB Life and Annual Co. LTD. They, on the other hand, sought to stay the arbitration.

  Judge Liman inquired in detail into irreparable harm, and ultimately established an expedited briefing schedule, directing the parties to consider efficiency in the litigation like agreeing to make the motion for a preliminary injunction one for a permanent injunction.

The case is PB Life and Annual Co. Ltd. v. Univeral Life Insurance Copany, 20-cv-2284 (Liman). 

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