Fireman's Fund To Appeal Asarco Insurance Deal

Law360, New York (July 21, 2009, 5:36 PM EDT) -- The Fireman's Fund Insurance Co. has signaled its intention to appeal an insurance settlement between Aviva Canada Inc. and bankrupt copper mining giant Asarco LLC that received bankruptcy court approval earlier this month.

On Thursday, the insurer notified the U.S. Bankruptcy Court for the Southern District of Texas of its plans to appeal the order handed down by U.S. Bankruptcy Judge Richard Schmidt on July 7, endorsing a truce between Aviva as successor-in-interest to Simcoe & Erie General Insurance Co. and Gan General Insurance Co....
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