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The Significance Of Travelers V. Bailey

Law360 (May 4, 2009, 12:00 AM EDT) -- A case currently before the United States Supreme Court could set the framework for asbestos litigation in the 21st century.

Specifically, the court is considering Travelers Indemnity Co. v. Bailey,[1] a case that concerns the relationship between Johns-Manville Corporation and its former primary insurer from 1947 – 1976, Travelers Indemnity Company.

Although Manville is immune from suit because it filed for bankruptcy in 1982, the Bailey plaintiffs are asserting direct causes of action against Travelers alleging that Travelers tortiously conspired with Manville to prevent the dissemination...
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