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....
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