Olin Asks 2nd Circ. To Uphold $14M Award In Pollution Suits

Law360, New York (December 14, 2012, 7:21 PM EST) -- Olin Corp. on Friday urged the Second Circuit to uphold a ruling that its former insurer must pay $13.8 million to cover class actions over groundwater contamination near a California facility, arguing its now-expired policies were in place when the pollution occurred.

Olin's policies with Century Indemnity Co. expired in 1970, well before homeowners brought suit complaining an Olin's signal flare-making plant had contaminated their wells, but the pollution began when those policies were in effect, an attorney for Olin said at oral arguments in Manhattan....
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.