Federal Judge Says Abstention Warranted In Insurer’s Asbestos Adversary Proceeding

( March 3, 2026, 12:08 PM EST) -- RICHMOND, Va. — A Virginia federal judge granted a debtor insured’s motion to abstain from exercising jurisdiction over an insurer’s adversary proceeding, which seeks a declaration that no additional coverage is owed to the insured for thousands of asbestos liability claims, after determining that questions of state law weigh in favor of abstention....