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BUYER OF BUSINESS ASSETS HAD COVERAGE FOR PRE-CLOSING ASBESTOS CLAIM UNDER PURCHASED SELLER’S GENERAL LIABILITY INSURANCE POLICY EVEN THOUGH CARRIER DID NOT CONSENT TO ASSIGNMENT

State intermediate Wisconsin court held that carrier’s consent in an anti-assignment policy does not apply to assignment of coverage for pre-closing losses. M&A Stories September 27, 2022 Introduction Buying the assets of a business often includes purchase of the seller’s

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