Ontario Court Refuses to Apply "Stonewall Principle"

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An Ontario court recently refused to apply the American "Stonewall" principle, which would hold insurers financially responsible to pay for damages in years when insurance against the relevant risk was unavailable.

This article explores the Court's reasoning and describes why this is a positive development in Canadian law.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Franco Tarulli, Haynes Law | Attorney Advertising

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