New Jersey Panel Allows Claims Related To Contamination That Predate Sale Of Company

Mealey's (August 8, 2016, 1:51 PM EDT) -- TRENTON, N.J. — A company successor is entitled to allege claims for breach of contract and breach of the duty of good faith and fair dealing as long as those claims pertain to coverage for environmental contamination that predated the successor’s acquisition of the insured’s company, the Appellate Division of the New Jersey Superior Court said Aug. 4 (Haskell Properties LLC v. The American Insurance Co., et al., No. A-1452-14T2, N.J. Super., App. Div.; 2016 N.J. Super. Unpub. LEXIS 1836).

(Unpublished opinion available. Document #03-160810-003Z.)...
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