Receivership - Conflict of Laws

In an apparent case of first impression, the Western District of the Missouri Court of Appeals held that application of Missouri law is not necessarily required in Missouri receivership proceedings. Westinghouse Electric Corporation was insured under excess liability policies issued by Transit Casualty Company, and Westinghouse had numerous toxic tort bodily injury claims asserted against it arising from alleged exposure to asbestos and steam generator claims. Viacom, Inc., as successor in interest to Westinghouse Electric Corporation, Appellant v. Transit Casualty Company in receivership, Respondent, No. 62864 (Mo.App. W.D., March 2, 2004)
- posted by Donald @ 10:42 AM