AIG Faces More WL Home Product Liability Suits

Law360, New York (October 22, 2009, 12:53 PM EDT) -- The judge overseeing WL Homes LLC’s Chapter 7 liquidation has lifted the bankruptcy stay again, clearing the way for approximately 100 more homeowners to pursue two tort actions against the debtor’s insurer, American International Group Inc.

On Tuesday, Judge Brendan Linehan Shannon of the U.S. Bankruptcy Court for the District of Delaware cleared the way for scores of plaintiffs to liquidate their claims and collect any judgment from AIG.

The plaintiffs urged the court to let the product liability lawsuits proceed in two California state courts,...
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