Judge Stays Asbestos Case, Won’t Sever Claims Against Insolvent Insurer

Mealey's (May 24, 2021, 2:33 PM EDT) -- NEW ORLEANS — Court precedent and Louisiana law weigh against allowing an asbestos action involving an insolvent insurer and its insureds to proceed and severing those defendants from the action poses too many risks, a federal judge in Louisiana said May 19 in staying the case for six months....