Picture: Simpson ThacherWhat are a few of the division’s most satisfying successes and why? We not too long ago achieved an across-the-board victory in a confidential arbitration arising from an insurance coverage servicing settlement following a seven-day hotly-disputed listening to. As well as, we gained two important partial abstract judgment victories for Vacationers in a federal courtroom motion towards Northrop Grumman, constructing upon our prior victories for Vacationers in earlier litigation. First, the courtroom rejected Northrop Grumman’s claims for protection underneath 29 insurance policies for an estimated $300 million to $500 million in Pure Useful resource Damages primarily based on late discover. Second, the courtroom awarded Vacationers partial abstract judgment underneath the identical insurance policies primarily based on late discover for claims filed by a category of people who’ve alleged cancer-related accidents and property harm.
