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Home / Opinion Digests / Business Law / Carriers Win TRO for Collateral Deposit (access required)

Carriers Win TRO for Collateral Deposit (access required)

Plaintiff insurance companies have met the test for a temporary restraining order in their suit alleging breach of an Indemnity Agreement by defendant and the Alexandria U.S. District Court grants in part plaintiffs’ request for a TRO requiring defendant to deposit collateral. Plaintiffs XL Specialty Insurance Company, XL Reinsurance American and Greenwich Insurance Company (plaintiffs) have ...

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