11th Circ. Keeps Bank's Insurers Off Hook For $50M Judgment
By Jon Hill ( July 5, 2017, 9:28 PM EDT) -- An Eleventh Circuit panel on Wednesday affirmed a Florida federal court's ruling that the insurers for a bank accused of enabling a Rothstein Rosenfeldt Adler PA partner's $1.2 billion Ponzi scheme won't have to cover a $50 million judgment that the bank consented to with the liquidating trustees of the law firm....
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