Claim Dropped In Nebraska Beef $6.4M Coverage Suit

Law360, New York (October 20, 2009, 3:12 PM EDT) -- The federal judge overseeing Factory Mutual Insurance Co.'s lawsuit over coverage for a disputed $6.4 million in losses suffered by Nebraska Beef Inc. and South Omaha Investors Pack LLC has dismissed a claim for declaratory judgment regarding policy rescission, noting a partial settlement among the parties.

Judge Joseph F. Bataillon of the U.S. District Court for the District of Nebraska on Tuesday signed an order dismissing with prejudice the claim regarding policy rescission, which was the second of two requests for declaratory judgment made in the...
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