Parties Who Are Potentially Obligated To Pay Must Be Identified, Federal Judge Says

(September 30, 2015, 1:53 PM EDT) -- ALBANY, N.Y. — A ruling on allocation and an insured’s duty to indemnify two of its insurers cannot be made until all of the parties who are potentially obligated to pay for underlying asbestos claims are identified, a New York federal judge said Sept. 29 in denying both the insured’s and insurers’ motions for summary judgment (Pacific Employers Insurance Co. v. Troy Belting & Supply Co., et al., No. 11-912, N.D. N.Y.; 2015 U.S. Dist. LEXIS 130681).

(Opinion available. Document #03-151007-001Z.)

Troy Belting & Supply Co.,...
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