THIRD CIRCUIT AFFIRMS DISMISSAL OF DI LORETO’S CLAIMS

This dispute has spanned over two decades, and we have previously reported on: (1) the award of attorney’s fees and costs for an improper bankruptcy filing by the Superintendent of the New York State Insurance Department; and (2) the dismissal of Mrs. Di Loreto’s complaints that sought to prevent the execution of a $20 million judgment obtained against her for reinsurance moneys owed. In this latest installment, Mrs. Di Loreto has appealed the dismissal of her complaints, arguing that the $20 million judgment was obtained in violation of her due process rights. The Third Circuit disagreed, finding that the proceedings bore all the hallmarks of due process. The court thus affirmed the dismissal of her complaints. Di Loreto v. Costigan, No. 09-1812 (3d Cir. Nov. 6, 2009).

This post written by Dan Crisp.

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