Odyssey Reinsurance Company v. Unison Agreement Corp.

BACKGROUND

23 Odyssey Reinsurance Company is a property and casualty insurer and 24 reinsurer based and incorporated in Connecticut. (ECF No. 1 (“Compl.”), 1 (¶ 1).) 25

27 1 Citations refer to material in the Electronic Case File (“ECF”); pinpoint citations are to the ECF-generated page Cal-Regent Insurance Company was a California insurance corporation based in El Cajon. (Id. at 3 (¶ 8).) It was co-owned by Richard Nagby and his ex-wife Dianne Dostalik. (Id. (¶ 7).) After a series of reinsurance deals fell through and Cal-Regent refused to pay its debt under the contracts, Odyssey sued Cal-Regent in the District of Connecticut. (Id. (¶ 9).) The court entered judgments against Cal-Regent and for Odyssey in the amount of $3,200,000. (Id.) Around the same time, Nagby and Dostalik transferred Cal-Regent’s business to a new corporation, Pacific Brokers Insurance Services . (Id. (¶ 10).) They thereafter sold Pacific Brokers to AmTrust North America, Inc., an unrelated third party, in a deal that included a $2,500,000 down payment to Dostalik. (Id.) Odyssey then filed suit in this Court to enforce…