Continental Can't Escape Goldman Construction Accident Suit

Law360, New York (November 27, 2012, 4:47 PM EST) -- A New York federal judge on Tuesday once again blocked a bid by Continental Casualty Co. to escape a dispute over coverage related to a $20 million construction accident at Goldman Sachs Group Inc.’s world headquarters, saying it put forth no new arguments.

U.S. District Judge Loretta Preska rejected Continental’s motion to reconsider a March 2011 denial of summary judgment in the case, dismissing the insurer’s arguments that the court created an impermissible inconsistency when it applied New Jersey law to the disputed policy while applying...
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.