Federal Judge Grants Insolvent Insurer’s Motion To Stay Asbestos Liability Lawsuit

Mealey's (September 20, 2021, 4:14 PM EDT) -- NEW ORLEANS — A federal judge in Louisiana on July 19 granted an insolvent insurer’s unopposed motion to stay an asbestos liability lawsuit alleging claims under the Louisiana Direct Action Statute and exercise its inherent authority to stay the lawsuit as to all other defendants....