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IN RE MF GLOBAL HOLDINGS LTD.

Case No. 11-15059 (MG) (Jointly Administered) Adv. Proc. No. 16-01251 (MG).

569 B.R. 544 (2017)

IN RE: MF GLOBAL HOLDINGS LTD., et al., Debtors. MF Global Holdings Ltd., as Plan Administrator, and MF Global Assigned Assets LLC, Plaintiffs, v. Allied World Assurance Company Ltd., Iron-Starr Excess Agency Ltd., Ironshore Insurance Ltd., Starr Insurance & Reinsurance Limited., and Federal Insurance Company, Defendants.

United States Bankruptcy Court, S.D. New York.

June 12, 2017.

Attorney(s) appearing for the Case

CRAVATH, SWAINE & MOORE LLP, Counsel to Allied World Assurance Company, Ltd, 825 Eighth Avenue, New York, NY 10019 By: Daniel Slifkin, Esq., Omid H. Nasab, Esq.

WHITE AND WILLIAMS, LLP, Counsel to Allied World Assurance Company, Ltd, 7 Times Square, New York, New York 10036, By: Erica Kerstein, Esq.

JONES DAY, Attorneys for MF Global Holdings Ltd., as Plan, Administrator, and MF Global Assigned Assets LLC, 555 South Flower, Street, 50th Floor Los Angeles, California 90071, By: Bruce Bennett, Esq., and JONES DAY, 250 Vesey Street, New York, New York 10281, By: Edward M. Joyce, Esq., Jane Rue Wittstein, Esq.

MEMORANDUM OPINION AND ORDER FINDING THAT ALLIED WORLD MUST POST A BOND PURSUANT TO NEW YORK INSURANCE LAW SECTION 1213

Before filing "any pleading in any proceeding," New York Insurance Law section 1213 requires unauthorized foreign insurers to either "procure a license...

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