Felman Loses Bid To Partly Collect From Swiss Re

Law360, New York (March 17, 2010, 12:25 PM EDT) -- In an ongoing coverage dispute stemming from a business interruption loss at a metals plant owned by Felman Production Inc., the alloy producer lost an attempt to recoup part of its claim from a Swiss Reinsurance America Corp. unit after a federal judge determined that its motion was premature.

Judge Robert C. Chambers of the U.S. District Court for the Southern District of West Virginia on Monday denied Felman's motion for partial summary judgment in the amount of $851,780 against Swiss Re-owned Westport Insurance Co....
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.