Mergers, Acquisitions, Reorganizations, & Liquidations

How Corporate Transactions Can Make Liability Insurance Coverage Disappear

by Lara Langeneckert Deputy Solicitor General Office of the Indiana Attorney General lara.langeneckert@atg.in.gov Imagine you are a successful widget manufacturer, and you have just expanded your business by purchasing another widget company called Acme. In the sale, you received all of Acme’s corporate assets, including its commercial general liability (“CGL”) insurance policy [1] from Flanders Insurance. […]

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