July 07, 2020
Bermuda-based Cardem Insurance Co. Ltd. challenged a Washington, D.C., federal judge's recommendation to keep alive claims that it owes nearly $1 billion to a pension fund, arguing Monday that the fund's trustees can't prove that the U.S. has jurisdiction over the case.
June 23, 2020
Cardem Insurance Co. Ltd. should keep facing allegations that it owes nearly $1 billion to a pension plan while the plan's trustees gather evidence to counter the Bermuda-based company's argument that it can't be sued in the U.S., a Washington, D.C., federal judge has recommended.
November 22, 2019
Trustees of a United Mine Workers of America pension plan urged a federal judge Thursday not to toss their suit against Cardem Insurance Co. Ltd. over its alleged failure to make $934 million in withdrawal liability payments, saying the court has jurisdiction over the Bermuda-based company.
August 06, 2019
Trustees of the United Mine Workers of America pension plan sued Bermuda-based Cardem Insurance Co. Ltd. in D.C. federal court on Tuesday, claiming it violated federal benefits law when it failed to make $934 million in withdrawal liability payments to the pension fund.