Reinsurer’s Declaratory Judgment Suit Is Tossed For Lack Of Contractual Privity

(September 30, 2024, 1:52 PM EDT) -- BROOKLYN, N.Y. — Ruling in part that a reinsurer “failed to plead privity or third-party beneficiary status” and therefore failed to state any claims, a New York federal judge on Sept. 27 dismissed the lawsuit in which the reinsurer sought a declaratory judgment regarding state court litigation arising from a building’s partial collapse....

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