In Re: MF Global Holdings Ltd.
| MF Global Holdings LTD. |
| Allied World Assurance Company, Ltd. |
| MF Global Holdings LTD. and MF Global Assigned Assets LLC |
| 1:2017cv00742 |
| January 31, 2017 |
| US District Court for the Southern District of New York |
| Foley Square Office |
| New York |
| Robert W. Sweet |
| Appeal |
| 28 U.S.C. ยง 0158 |
| None |
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Filing
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OPINION re: (4 in 1:17-cv-00742-RWS) MOTION for Leave to Appeal filed by Allied World Assurance Company, Ltd.: Defendants Allied World Assurance Co. Ltd. ("Allied World"), Iron-Starr Excess Agency Ltd., Ironshore Insurance Ltd., St arr Insurance & Reinsurance Ltd. (collectively, the "Iron-Starr Defendants" and, collectively with Allied World, the "Bermuda Insurers") have several motions presently before the Court. The Bermuda Insurers seek leave to appeal th e United States Bankruptcy Court for the Southern District of New York's (the "Bankruptcy Court") January 12, 2017, order granting a preliminary injunction for Plaintiffs MF Global Holdings, Ltd. ("MFGH"), MF Global Assigned Assets LLC ("MFGAA," collectively with MFGH, "Plaintiffs") and finding the Bermuda Insurers in contempt for violating the Bankruptcy Court's December 21, 2016, temporary restraining order. The Bermuda Insurers have also moved , either as of right or with leave of the Court, to appeal the Bankruptcy Court's January 23, 2017, order finding that the Bermuda Insurers violated the Barton doctrine and requiring that their Bermuda proceeding be terminated. For the foregoing reasons, the Allied World's motion to appeal as of right the Bankruptcy Court's Barton Order and motions for leave to appeal the Bankruptcy Court's Barton Order, preliminary injunction, and contempt order are denied. (Signed by Judge Robert W. Sweet on 6/28/2017) (jwh) Modified on 6/29/2017 (jwh).
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