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Case Summary |
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3045 REVIEW GRANTED Even if an insurance policy is not assignable, if a successor has acquired all of a predecessor business's assets and liabilities, it is entitled to the predecessor's insurance policy benefits of defense and indemnity as to claims arising from bodily injuries that occurred prior to the transfer of the business to the successor.CitationHENKEL v LLOYD'S (Predecessor's Coverage) 88 CA4 876 [See: Montrose v Admiral 10 C4 645, T/AT 8/95] |
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