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NJ Court Clarifies Policyholders' Right to Recover Out-of-State Coverage Counsel Fees

According to the New Jersey Supreme Court in <i>Myron Corp. v. Atlantic Mutual Insurance Co.</i>, a policyholder's right to recover counsel fees extends even to those fees incurred defending against an insurer-initiated, out-of-state declaratory judgment action.

34 minute read October 11, 2010 at 09:56 AM
By
Sherilyn Pastor, Gregory Horowitz And Stephanie Platzman-Diamant
NJ Court Clarifies Policyholders' Right to Recover Out-of-State Coverage Counsel Fees

A successful policyholder may recover counsel fees in certain circumstances. Oftentimes, the counsel fees are awarded in the same insurance coverage proceeding in which they are incurred. But, what happens when some of the successful policyholder's fees are incurred in a competing, out-of-state coverage action?

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