The Delaware Supreme Court has reversed a lower court's decision to hold The Travelers Indemnity Co. responsible for a $13.7 million tab in an asbestos exposure suit, in a ruling that focused on choice of law in corporatewide insurance policies.
Texas ties to the contractual relationship between the company and insurer trumped the fact that Wisconsin was the site of exposure, the court said, applying recent precedent.
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Tom McParland
Tom McParland of New York Law Journal can be contacted at [email protected]. Follow him on Twitter @TMcParlandALM.
