LOUISIANA COURT RULES THAT INSURER WAS NOT OBLIGATED TO DEFEND SUCCESSOR CORPORATION IN ASBESTOS LITIGATION
In Brilliant National Services, Inc. v. Travelers Indemnity Co., 349 S.3d 581 (La. App. 2022), the insured had exposed various individuals to asbestos. The insured later transferred some of its assets to a successor company. The Court found that the transferred...