AC&S Inc. v. Travelers Cas. & Sur. Co.
Jan
19
2006
Ruling
Arbitration award violated automatic stay since the arbitration should have been halted once it was evident that estate property could be negatively affected.
Procedural posture
Appellant asbestos company (insured) sought review of a decision of the district court, which affirmed an arbitration award in favor of appellee insurance company. The arbitration resolved an issue regarding the allocation of claims between the insured's products coverage and its "operations"coverage.
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