Travelers' $500M Payment to Johns-Manville Reinstated

, New York Law Journal

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Travelers Indemnity Co. must pay more than $500 million under an insurance policy covering asbestos claims, a unanimous federal appeals panel has ruled, reinstating a bankruptcy court order that had been overturned by a district court.

Originally appeared in print as Travelers' $500 Million Payment for Asbestos Claims Reinstated

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