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GULF INS. v. TRANSATLANTIC

3846. 601602/03. 601077/04

69 A.D.3d 71 (2009)

2009 NY Slip Op 6788

886 N.Y.S.2d 133

GULF INSURANCE COMPANY, Appellant, v. TRANSATLANTIC REINSURANCE COMPANY et al., Defendants, and GERLING GLOBAL REINSURANCE CORPORATION OF AMERICA, Respondent. (And Another Action.)

Appellate Division of the Supreme Court of New York, First Department.

Decided October 1, 2009.

Attorney(s) appearing for the Case

Simpson Thacher & Bartlett LLP, New York City (Mary Kay Vyskocil, Jonathan K. Youngwood and Michael C. Ledley of counsel), for appellant.

Pitchford Semerdjian LLP, New York City (David L. Pitchford and Sylvia Semerdjian of counsel), for respondent.

SAXE, J.P., NARDELLI and CATTERSON, JJ., concur.

OPINION OF THE COURT

McGUIRE, J.

This appeal requires us to resolve numerous disputes arising from litigation between Gulf Insurance Company and Gerling Global Reinsurance Corporation of America concerning a series of "quota share" treaties between Gulf on the one hand and Gerling and other reinsurers on the other, and a series of separate agreements, "Interests and Liabilities Contracts" (I&L contracts), between Gulf and each of the reinsurers individually...

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