Insurers Win Bid To Stay PBM Melamine Indemnity Suit

Law360, New York (March 4, 2010, 3:53 PM EST) -- A judge has granted ACE American Insurance Co. and Arch Insurance Co.’s bid to stay an indemnification suit brought by PBM Nutritionals LLC over tainted baby formula so that the matter can be resolved in state court with a related suit.

Senior District Judge Robert Payne of the U.S. District Court for the Eastern District of Virginia sided with the defendants in a memorandum filed Monday, agreeing that the matter should be litigated in state court since PBM brought a parallel proceeding against fellow insurer Lexington...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.