Butler Rubin Wins Seven Figure Arbitration Award For Reinsurance Client

CHICAGO, March 5, 2012 – Butler Rubin partner Ira Belcove and associate James Sojoodi recently won a seven figure award for a cedent client in a reinsurance arbitration against one of the client’s reinsurers. Ira and Jim successfully established that their client’s cession was reasonable, made in good faith, and within the terms of both the underlying insurance policy and the parties’ treaty.