Tanning Co. Nixes Appeal After Liberty Mutual Settlement

Law360, New York (October 12, 2011, 4:43 PM EDT) -- A hide-tanning company's appeal of a decision protecting Liberty Mutual Insurance Co. from paying defense costs in third-party pollution lawsuits was dismissed Tuesday after its $235,000 settlement with Liberty Mutual was approved by a Maine bankruptcy judge.

In approving Prime Tanning Co.'s voluntary motion to drop the appeal, the First Circuit brought to a close a case that began when the tanning company, both its Maine and Missouri branches, was hit with more than a dozen pollution lawsuits that alleged Prime Tanning used hexavalent chromium —...
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.