- 11 U.S.C.
Continental Casualty Co. v. Pfizer Inc. (In re Quigley Co.)
Feb
22
2007
Ruling
Relief from stay granted to allow arbitration of asbestos-related insurance claims.
Procedural posture
Defendants, chapter 11 debtor and its parent company, moved to dismiss plaintiff insurers'complaint, which sought a declaratory judgment that the policies issued to debtor did not cover asbestos-related claims and challenged the proposed assignment of rights in the policies to a trust. Defendant insurance companies sought relief from the automatic stay, 11 U.S.C. § 362, to allow arbitration of the coverage issues raised in the complaint.
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Court
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