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Case of the Day: New Hampshire Insurance Co. v. Magellan Reinsurance Co.
The case of the day is New Hampshire Insurance Co. v. Magellan Reinsurance Co. (Tex. Ct. App. 2013). NHIC filed a winding-up petition against Magellan in the courts of the Turks and Caicos Islands. The Supreme Court (the court of first instance) ruled in NHIC’s favor, but on appeal the Court of Appeal reversed, holding……