Stryker Can't Force Coverage Of $8M Knee Claims For Now

Law360, New York (June 27, 2013, 6:11 PM EDT) -- A Michigan federal judge on Thursday refused to hand Stryker Corp. an early win in its fight seeking nearly $8 million from TIG Insurance Co. for settlements of defective artificial knee claims, keeping alive TIG's defense that Stryker needed its approval for the deals.

U.S. District Judge Robert Holmes Bell denied the medical device manufacturer's motion for summary judgment, holding that TIG's interpretation of its policy would not create an outlandish result.

TIG had argued that its $25 million excess policy didn't cover underlying settlements that...
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