FR EA

Extract to table

Pull the structured facts out of a document: parties, dates, amounts, obligations.

Extract to table / cross-liability-intercompany-memo.docx
cross-liability-intercompany-memo.docx · 1005-00003

Parties

HARKNESS LLP
Nexford Industrial Holdings Inc
Triton Fastener Corp
Cornerstone Reinsurance Corp
Nexford Corp
Insureds Nexford Industrial Holdings Inc
Strauss LLP
Delaware LLC

Dates

June 10, 2022
July 1, 2021
July 1, 2022
May 27, 2022
December 31, 2021
September 14, 2021
November 2, 2021
February 11, 2022
June 7, 2022

Amounts

$10
$8.3
$1.42
$218
$795.2
$397.6
$227.2
$18.4
$12.7
$5.2

Obligations

These relationships create genuine product-liability cross-exposure that the insurance tower must address
Cross-Liability and Aggregate Limits While the Midland primary's cross-liability provisions are favorable in permitting intercompany claims, a critical practical limitation must be recognized: the severability clause expressly carves out the "Limits of Insurance" from its scope
"Other Insurance" and Priority Issues The interaction of "other insurance" clauses across the product-liability tower layers must be considered in the context of intercompany claims
Completed Operations and Cross-Liability The cross-liability analysis must account for the extended temporal dimension of completed operations exposure in an intercompany component-supply context