Worldwide: Court Procedure

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Article
Do Asbestos Rip-Out Claims And The "Abandoned Materials" Policy Exception Neutralize The Impact Of The Completed Operations Aggregate?
In an effort to avoid the impact of the completed operations aggregate limit, policyholder counsel sometimes attempt to characterize claims as (1) rip-out exposures, or (2) as relating to "abandoned or unused materials," so as to come within a common insurance policy carve-out from the Completed Operations Hazard.
United States Insurance
DM
Duane Morris LLP
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Article
Quebec Is Different - White Birch Court Finds That Indalex Does Not Apply In Quebec*
A year after the uncertainty created in the Canadian corporate debt financing world by the Ontario Court of Appeal's pensions-friendly decision in the Indalex CCAA restructuring matter, the Quebec Superior Court, in April 2012, determined in a lengthy and well-reasoned decision that the key restructuring and pensions law principles underpinning Indalex do not apply in Quebec when considering the treatment of defined benefit amortization payment and deficit claims in a restructuring.
Canada Finance
ML
McMillan LLP
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