Mealey's Insurance - 5th Circuit Refuses Underwriters' Appeal Of Order Refusing To Lift Stay

NEW ORLEANS - The Fifth Circuit U.S. Court of Appeals on May 8 dismissed an appeal by underwriters of a lower court decision denying their request to lift the stay of a case so proceeds from the sale of a vessel could be distributed, finding a lack of jurisdiction (Mosaic Underwriting Service Inc., et al. v. Moncla Marine Operations LLC, et al., Summary Calendar, 5th Cir.; 2014 U.S. App. LEXIS 8690).

Access this news story on®