Bancroft PLLC’s Paul Clement extended his recent hot streak on Tuesday, adding to a series of rapid-fire reversals in cases involving Hobby Lobby, Aereo and the Chinese heavy equipment giant Sany Group.
The latest appellate victory comes courtesy of the U.S. Court of Appeals for the Second Circuit, which sided with Clement and other lawyers Tuesday in an epic insurance fight over asbestos claims against Berkshire Hathaway’s Johns-Manville Corp. unit. Reversing a lower court’s decision, the Second Circuit ruled that Travelers Indemnity Co. must pay more than $500 million to honor a decade-old settlement related to Manville’s asbestos liability.
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