Fieldcrest Cannon, Inc. v. Fireman's Fund Insurance

Only the facts necessary for determination of the issue on rehearing are set out here. For a more complete statement of the facts of this case, see this Court’s previous opinion at 124 N.C. App. 232, 477 S.E.2d 59 (1996).

Plaintiff Fieldcrest Cannon, Inc. instituted this action to recover legal defense costs incurred in defending its predecessor, Cannon Mills, Inc. (hereinafter “Cannon”), against certain employment discrimination claims during the 1980’s, and to recover sums paid pursuant to judgments and settlements of certain of those claims. Cannon was insured by defendant Fireman’s Fund…