Scott Seaman Provides Expert Analysis in Law 360
Scott M. Seaman, Chicago partner of Hinshaw & Culbertson LLP, provided expert analysis in the article, "Indiana Supreme Court Shows Limits of 'All Sums' Allocations,' published on Law360 on May 28, 2015.
Scott points out that a recent decision of the Indiana Supreme Court demonstrates that, even in jurisdictions with law applying an "all sums" allocation, there are substantial limitations on the "all sums" approach and a pro rata allocation nonetheless may be applied. More generally, the decision serves as an important reminder that general descriptions of governing legal principals must yield to particular policy language.
Read the full article, "Indiana Supreme Court Shows Limits of 'All Sums' Allocations," on Law360's website. Please note, a subscription is required to access the article.