Subrogation Not A Safe Bet Against Additional Insureds
All Content © 2003-2011, Portfolio Media, Inc.
Law360, New York (January 04, 2012, 1:45 PM ET) -- After a new addition to the Borgata Hotel, Casino and Spa in Atlantic City, N.J., caught fire during construction, the owner filed a lawsuit seeking to recover $80 million from a slew of defendants involved in the design and construction of the addition. The Superior Court of New Jersey, Atlantic County, Law Division recently granted partial summary judgment in the amount of $40 million to certain contractors and subcontractors involved in the design and construction of the addition to the Borgata, ruling that those entities are additional insureds under a policy of all-risk property insurance issued to the owner.
Read the full article by clicking the link below.
Subrogation Not A Safe Bet Against Additional Insureds
The articles on our Web site include some of the publications and papers authored by our attorneys, both before and after they joined our firm. The content of these articles should not be taken as legal advice or as an expression of the views of the firm, its attorneys or any of its clients. We hope the articles spur discussion in the legal community with insight into the experience of the authors. We expressly reserve the right in the future to become wiser or simply change our mind.