Federal Judge Denies Motion To Dismiss As It Pertains To Clause In Settlement Agreement

Mealey's (February 13, 2018, 1:44 PM EST) -- NEW YORK — A New York federal judge on Feb. 6 denied an insured’s motion to dismiss as it pertained to the enforcement of a judgment reduction clause in a settlement agreement regarding a number of environmentally contaminated sites because it pertains to the claims at issue in the contribution suit, which has been pending in the New York federal court since 1984 (Olin Corp. v. Lamorak Insurance Co., et al., No. 84-1968, S.D. N.Y., 2018 U.S. Dist. LEXIS 20424)....

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