Archive for the ‘2nd’ Category

Allianz 9/11 Subrogation Rights

June 19, 2008 | 2nd, Made Whole Rule | No Comments

U.S. District court Judge Harold Baer has ruled that Allianz S.E. is primarily entitled to recoveries from third parties found liable for damages from the Sept.11, 2001 terrorist attacks.  World Trade Center leaseholder Silverstein Properties Inc. challenged the ruling claiming that the $433 million settlement of the $3.55 billion property limit from Allianz S.E. last year was insufficient.  Read more

Medical Treatment Before Accident Won’t Change Plan’s Right to Recovery

April 21, 2008 | 2nd | No Comments

The fact that an individual had medical treatment for a condition before an accident and subsequently suffered an injury that required additional treatment should not defeat a plan’s right to reimbursement for benefits paid on account of the treatment resulting from the accident. A U.S. District Court reached that conclusion in Schaffer v. Mancini, 2007 WL 2725569 (N.D. N.Y., Sept. 13, 2007). Read more