7th Circuit Hears Argument On Arbitration Preclusion Dispute In Reinsurers’ Appeal

( November 6, 2024, 3:07 PM EST) -- CHICAGO — In Nov. 5 oral argument before a Seventh Circuit U.S. Court of Appeals panel concerning where disputes over the preclusive effect of prior arbitration are decided, reinsurers acknowledged that the reversal they seek would create a circuit split, while an insurer cited Smith v. Spizzirri in urging the court to vacate the challenged dismissal to arbitration in favor of a stay during arbitration....