Lawsuit Over Allocation Of Insurance For Asbestos Claims Allowed To Proceed

Mealey's (March 2, 2020, 10:19 AM EST) -- NEW YORK — A New York justice on Feb. 19 declined to dismiss a coverage lawsuit over the construction and application of certain insurance policies regarding asbestos claims against Chanel Inc. because a ruling on allocation “will have a practical impact on the parties’ rights and conduct concerning settlements or future judgments” (Bedivere Insurance Co., et al. v. Chanel, Inc., et al., No. 651145/2019, N.Y. Sup., New York Co., 2020 N.Y. Misc. LEXIS 806)....

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