Insurer Can't Keep Baby Formula Case In Mass.

Law360, New York (December 12, 2011, 2:24 PM EST) -- Over the objections of National Union Fire Insurance Co. of Pittsburgh, a Massachusetts federal judge on Friday transferred to Indiana federal court the insurer's case against infant formula maker Mead Johnson & Co., in which the insurer claims it need not indemnify Mead in several underlying false advertising class actions.

The case will be transferred to the Southern District of Indiana, where National Union is pursuing a related case against Mead.

National Union is suing for declaratory judgment, arguing that it has no duty to indemnify...
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.