Judge Stays Proceedings In Insurance Dispute Pending Resolution Of Underlying Suit

Mealey's (May 5, 2016, 2:28 PM EDT) -- FAYETTEVILLE, N.C. — A federal judge in North Carolina on May 3 granted a motion to stay proceedings in a declaratory relief suit brought by an insurer, ruling that resolution of an underlying state court proceeding is necessary before the insureds can proceed with their counterclaims for, among other things, insurance breach of contract and bad faith (Liberty Mutual Fire Insurance Co. v. KB Home, et al., No. 13-0831, E.D. N.C.; 2016 U.S. Dist. LEXIS 58667).

(Order available. Document #07-160509-031R.)

KB Home and KB Home Raleigh-Durham...
To view the full article, register now.