Imerys’ Insurers Denied Relief To Continue California Coverage Suit

Mealey's (July 2, 2019, 10:56 AM EDT) -- WILMINGTON, Del. — Excess insurers of Chapter 11 debtor Imerys Talc America Inc. will have to wait for the outcome of an adversary proceeding in Delaware federal bankruptcy court to find out what coverage is available for asbestos claims under policies issued to the debtor and affiliates after the court on June 28 denied the insurers’ request for relief from the bankruptcy stay to allow a California court to decide the coverage issues (In re:  Imerys Talc America, Inc., et al., No. 19-10289, D. Del. Bkcy.)....