McKool Smith served as lead counsel to Givaudan Fragrances Corporation in securing a victory for corporate policyholders with far reaching implications in protecting a corporate insured’s right to reorganize its business without fear of risking the forfeiture of its historic insurance coverage. The unanimous New Jersey Supreme Court decision, announced on February 1, 2017, affirmed Givaudan’s right to seek more than $500 million in insurance coverage for governmental and private claims related to environmental damage.
Click here to read Law360's report on the decision.