Farella Braun + Martel LLP: Recent Media Coverage Overstates Impact of New Second Circuit Case Regarding “Drop-Down” Issue

By Erica Villanueva, Partner, Farella Braun + Martel LLP There has been much hand-wringing over the Second Circuit’s decision in Mehdi Ali v. Federal Insurance Co. , __ F.2d __ (2d Cir. 2013) [ enhanced version available to lexis.com subscribers ], in which the court declined to extend the holding...