Stryker Awarded $4.6M For Artificial Knee Litigation Coverage

Law360, New York (June 20, 2013, 3:54 PM EDT) -- A Michigan federal judge Monday awarded Stryker Corp. $4.6 million in the company’s long battle against XL Insurance America Inc., closing one of two lawsuits seeking coverage for litigation over Stryker’s allegedly defective artificial knees.

Stryker brought the suits to force XL Insurance America Inc. and TIG to reimburse Stryker for $7.6 million that Stryker paid to settle Uni-Knee claims. Stryker also sought coverage for a $17.7 million judgment that forced Stryker to cover defective knee claims against Pfizer Inc. because of contractual obligations that Stryker had...
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