Continental Can Appeal Loss Over Goldman Building Accident

Law360, New York (January 28, 2013, 6:44 PM EST) -- A federal judge on Friday ruled that Continental Casualty Co. can appeal its partial loss in a coverage battle over at least $20 million in liability for a construction accident at Goldman Sachs Group Inc. headquarters, saying the law is open to interpretation.

Deciding whether New York or New Jersey law applies to Continental's policies will mean the difference between the insurer's win or loss, and the law on the issue can be interpreted in different ways, U.S. District Judge Loretta Preska said in a written...
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