Successor Paper Company Sues Insurers to Recoup $2.3 Million Asbestos Settlement

PHILADELPHIA - The successor to a paper company that paid more than $2 million to settle a claim filed by a former employee who developed mesothelioma as a result of his exposure to asbestos has sued its insurers seeking reimbursement of the settlement payment. Gould Paper Corp. v. Insurance Company of North America, et al., No. 2:2003cv06267 (E.D. Pa.).

Gould Paper Corp. filed the complaint Nov. 14 in the U.S. District Court for the Eastern District of Pennsylvania against several insurers who the company says were involved in a shell game that kept it in the dark as to which …