Premises Defendant Appealing Decision That Relieved Brown & Root of Indemnification Duty
May 20, 2003
NEW ORLEANS - A premises defendant recently denied indemnification for asbestos liabilities under the terms of a 40-year-old, but now-voided, agreement with Brown & Root has appealed the decision to federal circuit court. Millenium Petrochemicals, Inc. v. Brown & Root Holdings, Inc., No. 03-20264 (Fifth Cir.)
Millenium Petrochemicals filed a notice of appeal recently in the Fifth Circuit U.S. Court of Appeals after a federal judge held that its indemnification agreement with Brown & Root - which was terminated in 1995 - did not bestow any obligation upon the Halliburton subsidiary because the underlying complaints for which Millenium was seeking …
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