Fin Assocs. LP v. Hudson Specialty Ins. Co., 178 A.3d 67, 232 N.J. 96 (2018)

Feb. 1, 2018 · New Jersey Court of Errors and Appeals · R–8 September Term 2017; 080269

178 A.3d 67, 232 N.J. 96

FIN ASSOCIATES LP, SB Milltown Associates LP, Lawrence S. Berger, Route 88 Office Associates Ltd, SB Building Associates LP, Route 18 Central Plaza LLC, Plaintiffs,
v.
HUDSON SPECIALTY INSURANCE COMPANY, Defendant.

R-8 September Term 2017
080269

Supreme Court of New Jersey.

February 1, 2018

ORDER

The United States Court of Appeals for the Third Circuit having certified to the Supreme Court the following question of law pursuant to Rule 2:12A-3:

Whether the public policy exception prohibits enforcement of a choice-of-law provision in an insurance contract when the insured risks are almost exclusively in-state, when the contract has been negotiated, and when the insured party exhibits some degree of sophistication.

And the court having considered the matter and having determined, respectfully, to reject the question;

It is so ORDERED.

CHIEF JUSTICE RABNER and JUSTICES PATTERSON and SOLOMON vote to accept the question.