Delaware Judge Denies Insured’s Motion For Reargument In Asbestos Suit

(March 7, 2016, 2:05 PM EST) -- WILMINGTON, Del. — A Delaware judge on March 2 denied an insured’s motion for reargument, rejecting the insured’s argument that the excess policies’ trigger clauses were not properly interpreted by the court (Motors Liquidation Co. DIP Lenders Trust v. Allianz Insurance Co., No. N11C-12-022 PRW, Del. Super., New Castle Co.; 2016 Del. Super. LEXIS 110).

(Unpublished opinion available. Document #03-160309-004Z.)

For more than 50 years, General Motors Inc. (GM) purchased comprehensive products liability insurance from Royal Insurance Co. Through 1971, the insurance was occurrence-based coverage. After...
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