By Patrick McDermott, Syed Ahmad and Kevin Small ( April 8, 2020, 4:35 PM EDT) -- In the world of representations and warranties insurance claims, a dispute playing out in court is a rarity given many claims are resolved before a formal dispute and many policies contain arbitration provisions. Thus, litigation in New York state court between Novolex Holdings LLC and a few of its insurers concerning coverage under an RWI policy for a $267 million loss is particularly noteworthy....
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