American Capital Can't Nix Insurers' Heparin Suit

Law360, New York (March 9, 2011, 7:39 PM EST) -- A Maryland federal judge Wednesday refused to dismiss several claims made against American Capital Ltd. by two insurance companies, who say they do not have to defend the private equity firm in lawsuits over contamination of the blood thinner heparin. 

Chief Judge Deborah K. Chasanow of the U.S. District Court for the District of Maryland rejected most of a motion by American Capital and related defendants to dismiss claims in the complaint, which concerns coverage for scores of product liability suits over deaths and injuries allegedly...
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