Discovery
Civ-Pro
Case Summary |
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0567 In the face of a clause requiring the insurer's consent for assignment of a policy, the insured's sale of all business assets to a successor corporation may transfer a right to the proceeds of a claim existing at the time of the sale, but, in the absence of the insurer's consent, it does not transfer the policy or its coverage.CitationQUEMETCO v PACIFIC (Consent Clause) 24 CA4 494 [See: Northern v Allied 955 F2 1353; Oliver v USF&G 187 CA3 1510; Penasquitos v SuperCt 53 C3 1180] |
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Finz Case Law Summaries (Finz Advance Tapes)
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