Liberty Fails To Exit Tainted Rice Coverage Suits

Law360, New York (June 8, 2011, 3:32 PM EDT) -- While an Arkansas federal judge said Wednesday that Liberty Mutual Insurance has no duty to defend Riceland Foods Inc. in one lawsuit over rice supplies contaminated by genetically modified crops, she refused to rule similarly on more than 170 other complaints.

Rice growers and distributors have hit Ricelands, a farmer cooperative, and various affiliates of German agricultural giant Bayer CropScience LP with scores of suits claiming Ricelands should have informed its members that Bayer had contaminated rice supplies. The suits blame Ricelands and Bayer for causing...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.