In Re Reinz Wisconsin Gasket, LLC
Excerpt
**In Re Reinz Wisconsin Gasket, LLC**
Court: Court of Chancery of Delaware
Filed: 2026-04-02T00:00:00-07:00
URL: https://www.courtlistener.com/opinion/10831973/in-re-reinz-wisconsin-gasket-llc/
§ 5.3; RX 93 § 5.3. 46 Each umbrella policy lists an underlying Lumbermens primary policy with an aggregate liability limit of $500,000.224 For umbrella coverage to kick in, $500,000 per underlying insurance policy must be exhausted—i.e., “reduced solely by payment of claims in respect of personal injury.” 225 Petitioner cites to no evidence indicating the underlying primary policy limits have been so exhausted. The Receiver hypothesizes an
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