Judge: Diversity Jurisdiction Standards Not Met In $41M Suit Over Warehouse

(July 15, 2024, 1:02 PM EDT) -- NEW YORK — In a ruling springing from what she called the “unique structure” of Certain Underwriters of Lloyd’s, London, a New York federal judge concluded that “the record does not contain sufficient allegations of fact to support complete diversity of citizenship” in a $41 million suit over whether policies obtained for a warehouse in Afghanistan are insurance or reinsurance and whether fraud or negligence were involved....

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