Lear Corporation v. Johnson Electric Holdings Limited and Nevada Bond Investment Corp. II

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that indemnity becomes ripe when the insured’s liability is established
• stating that “[w]e regularly say that decisions about indemnity should be postponed until the underlying liability has been established.”
• noting that despite the general rule a court “may find it prudent to specify the scope of an indemnity duty at the same time” as a duty to defend “if that subject also is in debate.”
• declining to rule on indemnity obligation when liability in underlying trial was not yet established
• finding a Bermuda entity equivalent to a corporation under state law under similar circumstances
• collecting cases and applying this rule to a declaratory judgment action

Source: CourtListener parenthetical corpus (CC0).