Relationship Between Allocation and Trigger, With a Focus on Asbestos, Environmental, and Other Long-Tail Claims
Lynn H. Murray
Shook, Hardy & Bacon L.L.P.
Robert D. Goodman
Debevoise & Plimpton LLP
James F. Dorion
Managing Director - Global Practice Leader, Complex Liability & Risk Services
- Continuous trigger
- Others (e.g. Illinois’ triple trigger approach)
- Manifestation trigger (e.g. Keasbey)
- Uninsured periods
- Contribution permitted?
- Differences amongst the approaches to trigger used for asbestos, environmental, and other long-tail claims
- Unique issues that arise
- Best practices for overcoming unique challenges