Insurer Seeks To Rescind SK Foods' Policies

Law360, New York (July 16, 2010, 3:09 PM EDT) -- Allied World National Assurance Co. has filed a lawsuit in an effort to rescind insurance policies it issued to now-defunct tomato processor SK Foods LP, alleging that the company misrepresented its financial health by concealing looming bribery and product quality scandals.

The company lodged a complaint Wednesday in the U.S. District Court for the Eastern District of California, asking the court to declare several provisions of a primary and an excess policy void in light of alleged misrepresentations by SK Foods of its financial condition during...
To view the full article, register now.




Case Information

Case Title

Allied World National Assurance Co., et al. v. SK PM Corp. et al.

Case Number



California Eastern

Nature of Suit



Lawrence J. O'Neill

Date Filed

July 14, 2010

Law Firms

Government Agencies

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.