Viking Pump, Inc. v. Century Indemnity Co.
Court of Chancery of Delaware
1Opinion of the Court
OPINION
STRINE, Vice Chancellor.
I. Introduction
In this action, Warren Pumps LLC (“New Warren”) and Viking Pump, Inc. (“New Viking”), two companies that acquired businesses from Houdaille Industries, Inc., seek to use the insurance coverage that Houdaille purchased. Specifically, New Warren and New Viking own former pump manufacturing businesses that Houdaille used to own. As a result of those acquisitions, New Warren and New Viking now face potential liability due to personal injury claims made by plaintiffs alleging damages from asbestos exposure dating back to when New Warren and New…
2Cases cited115 opinions
- Erie Railroad v. TompkinsSupreme Court of the United States · 1938
- Guaranty Trust Co. v. YorkSupreme Court of the United States · 1945
- W.W.W. Associates, Inc. v. GiancontieriNew York Court of Appeals · 1990
- Hooper Associates Ltd. v. AGS Computers, Inc.New York Court of Appeals · 1989
- Breed v. Insurance Co. of North AmericaNew York Court of Appeals · 1978
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- Stonewall Insurance Co. v. E.I. Du Pont De Nemours & Co.Supreme Court of Delaware · 2010
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