Restructured Co. Has Right To $500M Coverage: NJ Justices
By Jeannie O'Sullivan ( February 1, 2017, 8:56 PM EST) -- The New Jersey Supreme Court ruled Wednesday in a closely watched case that an insurance policy clause preventing assignments to other entities didn't bar coverage for a post-loss claim by an insured's corporate successor, affirming a victory for Givaudan Fragrances Corp. in a dispute over rights to more than $500 million in insurance for environmental claims....
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