Butter-Flavoring Co. Tastes Victory In Coverage Row

Law360, New York (April 15, 2011, 7:50 PM EDT) -- A New York state judge ruled Thursday that International Flavor & Fragrances Inc. and a subsidiary are the successors to St. Paul Protection Insurance Co. policies that they hope will defray the costs of underlying butter-flavoring product liability settlements.

International Flavor subsidiary Bush Boake Allen Inc. never formally merged with Food Materials Corp. when it bought the company's stock in 1990 for $10 million, according to Judge Charles Edward Ramos of the Supreme Court of the State of New York, County of New York.

But BBA...
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