Arbitration Not Available For Coverage Dispute Based On Policy, Judge Rules

(October 25, 2017, 2:15 PM EDT) -- CHARLOTTE, N.C. — Former Chapter 11 debtor Garlock Sealing Technologies LLC does not have to arbitrate a dispute with an insurer over a policy’s coverage for asbestos claims because an arbitration provision in the policy is deleted by another provision stating that the policy’s terms must match those of an umbrella policy that contains no arbitration provision, a North Carolina federal bankruptcy judge held Oct. 12 (Safety National Casualty Corp. v. Garlock Sealing Technologies LLC, et al., No. 3:17-cv-00458, W.D. N.C.)....