Insurance — Commercial general liability insurance — Anti-assignment clause — predecessor corporation may transfer right to indemnification for its tortious activity to successor corporation by contract despite insurance policy’s anti-assignment clause — Assigned right is a chose in action — Chose in action arises at time of covered loss — When a covered loss occurs before liability is transferred to successor corporation, coverage does not arise by operation of law when liability was transferred by contract.
manifest weight – sufficiency – directed verdict – judgment notwithstanding the verdict – assignment of claims – chose in action – Civ.R. 17 – Civ.R. 25 – R.C. 2305.21 – Civ.R. 50 – Civ.R. 59
... the opposite conclusion, namely that the actions of the Pakistani Government showed that it was a p... the consequences of the language they had chosen. . In this matter, the claimant bank provided fina...
Trial court did not err in finding that the separation agreement hold harmless provision was not a chose in action that husband was required to list as an asset in his bankruptcy petition. Trial court did not find that the chose of action was abandoned. Trial court did not err in finding that husband was not a volunteer when making payments on an equity loan secured by the marital home in which he then resided. Trial court did not err in finding ex-wife in contempt for failing to make payments on the equity loan as required under the court-adopted separation agreement.
... powers under any mortgage, deed of trust, chose in action, option, collateral note, contract, judg...
... Federal Rule of Civil Procedure 23's class-action requirements; and that practical problems could ar... then strictly adhered to the rule that a "chose in action"-an interest in property not immediately...
The focal point in many insurance coverage disputes is whether a company facing a loss is entitled to the benefits of insurance coverage issued to a corporate predecessor. Policyholder advocates often cite the Ninth Circuit decision in Northern Insurance Co v. Allied Mutual Insurance Co (1992), a decision that allowed, under certain circumstances, the transfer of insurance coverage by operation of law. The policyholder camp argues that the operation by law approach is necessary to protect tort victims and maintain predictability in corporate restructuring. The Ohio Supreme Court also recognized that "any assignment of the rights after the losses would be in direct contravention of anti-assignment provision." Nevertheless, Ohio decided that coverage can be assigned (at least in the indem...
... context) once the loss is reduced to a chose in action. The third question, of course, is when ...
Angeline picked the Steelers. Callie chose the Packers. The elephants at Pittsburgh Zoo & PPG Aquarium got in on the action Wednesday as Steeler Nation gears up for Super Bowl XLV. They picked teams by choosing posters zoo workers held up, and then waved Terrible Towels with their trunks.
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