In re Castlepoint National Ins. Co. (2021) 65 Cal.App.5th 668

A group of New York investment companies turned to GMSR when a California trial court—citing agreements and injunctions in a prior insurance company liquidation—barred most of their $200 million New York lawsuit from proceeding. Facing off against both the California Insurance Commissioner and the New York defendants, GMSR persuaded the Court of Appeal that the most important New York claims did not violate the agreements or injunctions. In a published decision, the Court of Appeal agreed that those claims could proceed.

Court of Appeal Opinion – View Document