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N.Y. Panel Backs N.J. Law for Insurance Dispute
A Manhattan appellate court has ruled that New Jersey law should apply instead of New York law in determining the amount of a company's excess insurance coverage for defending and paying asbestos-related personal injury claims. The decision of the Appellate Division, 1st Department, last week was based on the premise that the state of an insured company's "principal place of business takes precedence over the state of incorporation."Sand Flies Over Public Access to Shore Hotel Beachfront Properties
Two core values - private property rights and the public's right to pursue happiness at the beach - clashed last Wednesday when the state Supreme Court heard arguments over whether a private club can limit beachfront access.Opinions Approved for Publication
State court opinions approved for publication.In re G-I Holdings, Inc. et al,
In this adversary proceeding for damages for asbestos-related injuries against a subsidiary of the debtor, sound judicial administration, efficiency, and fairness require that the issue of whether liability has flowed to the nonbankrupt subsidiary be resolved before the District Court and, therefore, the motion to withdraw the standing order of reference, which provides the Bankruptcy Court with jurisdiction, is granted with respect to this issue.Trending Stories
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