6th Circ. Revives Bank's $32M Ponzi Settlement Coverage Suit

By Hope Patti · February 2, 2024, 4:21 PM EST

A bank can seek coverage for a $32 million settlement it paid to resolve a bankruptcy suit alleging it allowed a Ponzi scheme to continue so it could recover loans to...

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Documents

Opinion

Case Information

Case Title

Huntington National Bank v. AIG Specialty Insurance Co., et al

Case Number

Court

Appellate - 6th Circuit

Nature of Suit

4110 Contract: Insurance

Date Filed

January 17, 2023

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