Ace Group of Insurance Companies
In Case No. 03-E-106 (New Hampshire Superior Court ), we are currently representing the ACE Group of Insurance Companies as a substantial creditor and as the reinsurer of individual and pooled liabilities of The Home Insurance Co. The debtors' assets are valued at over $1 billion. In July 2008, the firm secured a victory on behalf of an ACE subsidiary, Century Indemnity, before the New Hampshire Supreme Court reversing rulings by a Referee and the Superior Court that denied a multi-million dollar setoff Century asserted against Home. The decision is an important victory for Century because Home is seeking several hundred million dollars in reinsurance from Century.