GM Insurers' Asbestos Suit On Hold In NY Pending Del. Case

Law360, New York (July 09, 2012, 3:05 PM ET) -- A New York state judge on Monday put the brakes on a lawsuit over a host of insurers' obligations to defend General Motors Corp.'s remains in environmental and asbestos litigation while a similar suit proceeds in Delaware.

Judge Lawrence K. Marks said during a hearing Monday that he would only stay the case for now, instead of dismissing it in favor of another lawsuit that was filed first in Delaware state court, after insurers affiliated with American International Group Inc.'s Chartis Inc. subsidiary expressed concern about...
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