Diet Aid Co.'s Insurance Claim Not Time-Barred, 5th Circ. Told

Law360, New York (August 2, 2012, 6:24 PM EDT) -- CSA Nutraceuticals GP LLC on Wednesday told the Fifth Circuit its insurance claim for $20 million in defense coverage for a diet aid class action wasn't time-barred, arguing Chubb Custom Insurance Co.'s time limit argument relies on wrong dates and immaterial differences.

Nutraceuticals brought the appeal after a district judge found the insurer was not legally obligated to pay $20 million for the defense and settlement of a class action claiming its Shape Up! diet product line didn't work. Chubb then filed a cross-appeal, alleging the...
To view the full article, register now.