Federal Judge Compels Arbitration In Disputes Over Asbestos Insurance Coverage

Federal Judge Compels Arbitration In Disputes Over Asbestos Insurance Coverage

WILMINGTON, Del. - Two insurance companies involved in long-running disputes with Chapter 11 debtor The Flintkote Co. over coverage for asbestos claims are bound by an "expansive" 28-year-old agreement to participate in arbitration to resolve the disputes, a Delaware federal judge held Sept. 30 (The Flintkote Company v. Indemnity Marine Assurance Company Ltd., No. 13-935, D. Del.; The Flintkote Company v. Aviva PLC, formerly known as Commercial Union Assurance Company Ltd., No. 13-103, D. Del.; 2013 U.S. Dist. LEXIS 140986).

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