Northrop Must Give Navy Docs To Insurers In Cleanup Suit

Law360, New York (June 11, 2013, 5:33 PM EDT) -- A New York federal judge on Tuesday ordered Northrop Grumman Corp. to provide two insurers with documents about the U.S. Navy reimbursing the contractor for cleanup of its contaminated facility, the latest in a battle over coverage of related liability costs, including a $1.5 million settlement.

The company will provide Travelers Indemnity Co. and Century Indemnity Co. with documents related to the total amount in remediation costs or fees paid by the Navy related to cleanup of Northrop's Bethpage, N.Y., manufacturing facility and other related documents,...
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.