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Sample DE Products Liability Cases

... the business judgment rule prevents a judge or jury from second guessing director decisions if they were the product of a rational process and the directors availed themselves of all material and reasonably available information. The standard of director liability under the ...

... With regard to product liability claims specifically, the policy provides coverage according to a defined "Products-Completed Operations Hazard." [51] The policy clarifies the limits of coverage pertaining to this Products-Completed Operations Hazard in the "Lot or Batch Provision ...

... [16] In turn, the selected insurers may then seek contribution against other carriers from other towers whose policies were also triggered by the product liability claims. The non-cumulation clause does not create an ambiguity which alters this process. ...

... to doubt that "(1) the directors are disinterested and independent [or that] (2) the challenged transaction was otherwise the product of a valid ... have properly exercised its business judgment by alleging that the Board was disabled because of a substantial risk of personal liability. ...

... PRODUCT NEXUS ANALYSIS. The parties appear to agree as to the product identification standard in Oregon. They each direct the court to Griffin v. Allis-Chalmers Corporation Product Liability Trust. [3] The Griffin court explained ...

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