Whole Foods Developer, Insurer Settle Enviro Beef

Law360, New York (June 5, 2009, 12:00 AM EDT) -- A real estate developer and Westchester Surplus Lines Insurance Co. have agreed in principle to settle a court fight over environmental remediation at an Oakland, Calif., site that was converted from a Cadillac dealership to a Whole Foods Market grocery store.

Developer Bond CC Oakland LLC's complaint, filed in June 2008 in the U.S. District Court for the Southern District of New York, was dismissed Thursday pending consummation of a settlement, the details of which were not made public.

The lawsuit accused the insurer of refusing...
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