2nd Circ. Says NJ Law Applies To $5M Insurance Suit

Law360, New York (February 10, 2014, 6:01 PM ET) -- The Second Circuit on Monday dealt a blow to Continental Casualty Co., ruling New Jersey law governs an insurance contract triggered by a $5 million construction accident lawsuit, even though the accident took place at Goldman Sachs Group Inc.’s New York headquarters. 

A three-judge Second Circuit panel blocked Continental’s bid to avoid a $5 million suit filed against Norbet Trucking Inc. by its driver, Wilbert Rocco, following a construction accident at the Goldman headquarters site that severely injured him. Continental provides excess liability coverage to Norbet,...
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