N.J. Law To Govern Foster Wheeler Insurance Dispute

Law360, New York (October 15, 2007, 12:00 AM EDT) -- A New York state court ruled on Thursday that a long-running dispute between Foster Wheeler Corp. and a group of its insurers over who should pay the costs of asbestos lawsuits will be decided under New Jersey law rather than New York law in a victory for the energy and construction conglomerate.

The decision, issued by the New York State Court of Appeals, upheld a 2006 decision by the New York Appellate Division. The court of appeals said only that the earlier order was affirmed....
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