The U.S. Court of Appeals for the Third Circuit has applied New York law in a case involving a reinsurer's duty to indemnify, effectively reversing the district court's ruling in favor of the Pennsylvania-based insured in a suit that sprang from roughly $500,000 in asbestos-related claims.
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Reinsurer Released From Coverage Obligation in Asbestos Case
The Legal Intelligencer
September 12, 2012
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