Important Environmental Insurance Ruling Issued In Protracted Insurance-Coverage Dispute

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The latest ruling in the environmental insurance case, Olin Corp. v. Lamorak Ins., was released on April 18, 2018.

May 16, 2018
Anthony B. Cavender - Gravel2Gavel Construction & Real Estate Law Blog

The latest ruling in the long-running environmental insurance case, Olin Corporation v. Lamorak Ins. Co., was released on April 18, 2018, by Judge Rakoff of the U.S. District Court of the Northern District of New York. Judge Rakoff granted motions for summary judgment filed by Olin Corporation (Olin) and The London Market Insurers, and awarded Olin $55M for its claims against Lamorak Insurance Company (Lamorak).

As Judge Rakoff notes, “the overall litigation, having already outlived two federal judges, is now before the unlucky undersigned.” This ruling is in response to the Second Circuit’s most recent decision in Olin Corp. v. OneBeacon Americans Ins. Co.

Mr. Cavender may be contacted at anthony.cavender@pillsburylaw.com



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