July 09, 2019
The Sixth Circuit has upended a lower court's ruling that Federal-Mogul LLC's insurer must pay $25 million to cover the auto parts maker's financial losses from the flood-related shutdown of a factory in Thailand.
November 14, 2017
Federal-Mogul Corp. on Tuesday urged the Sixth Circuit to uphold a Michigan federal judge's ruling that its insurance carrier must pay $25 million for the flood-related shutdown of an auto parts plant in Thailand, contending that a flood sublimit in the insurer's policy doesn't apply to the losses resulting from the closure.
October 13, 2017
A Chartis Inc. unit Thursday asked the Sixth Circuit to find it doesn't have to pay $25 million for the flood-related shutdown of an auto parts plant in Thailand, saying a flooding sublimit in the policy applies to both property loss and lost production.