The North River Insurance Co. v. Mine

Summary

The Supreme Court of Delaware affirmed the Court of Chancery’s denial of North River’s request to enjoin MSA from assigning insurance-policy rights to tort claimants. The court held that the requested injunction would not eliminate the risk of inconsistent judgments because West Virginia tort claimants could pursue coverage claims independently, and the record supported the conclusion that an injunction could impair MSA’s settlement and defense interests. The court also deferred to West Virginia’s interpretation of its law and applied abuse-of-discretion review to the equitable balancing. No separate opinions were filed.