Ethanol Plant Contractor Sues Over $4M Defect Settlement

Law360, New York (September 24, 2013, 6:23 PM EDT) -- An industrial contractor has demanded reimbursement of a $4.3 million settlement over shoddy work at two ethanol plants from an Argo Group casualty insurer, arguing an exclusion for contractually-assumed liability doesn't apply, according to a lawsuit removed Tuesday to Minnesota federal court.

Fagen Inc. lodged a complaint in Yellow Medicine County state court on Aug. 28 challenging Argo unit Colony National Insurance Co.'s refusal to foot defense and indemnity costs it faced in an $11 million arbitration brought by Green Plains Renewable Energy, the fourth-largest ethanol...
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