DISCLAIMER:  The following unofficial case summaries are prepared by the clerk's office
                        as a courtesy to the reader. They are not part of the opinion of the court.

013287P.pdf   09/09/2002  Reliastar Life Ins.  v.  IOA Re, Inc.
   U.S. Court of Appeals Case No:  01-3287
   District of Minnesota   
Civil case - contracts. District court did not err in concluding defendant reinsurers had failed, as a matter of law, put forth sufficient evidence to support their claim that they had the right to rescind their reinsurance contracts with plaintiff based on its alleged material misrepresentations; parties did not contract to preempt application of the industry's follow-the-fortunes doctrine; defendants failed to show plaintiff acted in bad faith under the doctrine; case remanded for further proceedings regarding calculation of damages.