Compelling Arbitration, Judge Says MOU Is ‘Closely Related’ To Reinsurance Contract

( November 19, 2024, 10:15 AM EST) -- LOS ANGELES — Concluding that a 1984 memorandum of understanding (MOU) is “closely related to the reinsurance contract and not a completely separate agreement,” a California federal judge granted reinsurers’ motion to compel arbitration in a lawsuit over reinsurance billings arising from asbestos bodily injury claims....