The Delaware Court of Chancery entered an order placing Arrowood into liquidation on November 8, 2023 and set the proof of claim deadline for January 15, 2025.
Arrowood was formed in 2006 to take on Royal Sun Alliance’s...more
Although many companies that historically used asbestos in their products have gone bankrupt, there are still many that have managed to survive. How? In some — perhaps many — cases, the answer may be due in no small part to...more
8/5/2021
/ Asbestos ,
Asbestos Litigation ,
Duty to Defend ,
Duty to Indemnify ,
Estoppel ,
Insurance Industry ,
Liberty Mutual Insurance Company ,
New York ,
NY Supreme Court ,
Pro Rata Allocation Rule ,
Real Party in Interest ,
Settlement