Noble Can't Cut Conoco From Oil Cleanup Insurance Row

Law360, New York (January 18, 2013, 1:29 PM EST) -- A Texas federal judge on Thursday shot down Noble Energy Inc.'s request to remove fellow defendant ConocoPhillips Co. from a suit brought by two insurance companies seeking to avoid paying settlement costs in an underlying oil contamination lawsuit, ruling that Noble cannot independently seek dismissal for ConocoPhillips.

In denying Noble's motion for summary judgment, U.S. District Judge W. Royal Furgeson Jr. agreed with Great Northern Insurance Co. and Federal Insurance Co. that Noble had no standing to dispute the insurance companies' claims against ConocoPhillips. Great Northern...
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