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XL Specialty Insurance Company et al v. Michael W. Perry
Case Number:
2:11-cv-02078
Court:
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- Bernstein Litowitz
- Blank Rome
- Buckley LLP
- Castleton Law Group
- Charlston Revich
- Clyde & Co
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July 09, 2012
IndyMac Trustee Takes Insurers' $80M Win To 9th Circ.
IndyMac Bancorp Inc.'s bankruptcy trustee is asking the Ninth Circuit to scrutinize a recent ruling that closed the door to $80 million of coverage for securities lawsuits targeting former IndyMac directors and officers, according to an appeals notice posted Friday.
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June 28, 2012
$80M Ruling Against Ex-IndyMac Execs Bolsters Insurers' Cases
A California federal judge refused Wednesday to open up a second $80 million set of insurance policies to cover securities litigation against former IndyMac Bancorp Inc. directors and officers, a ruling insurers in other coverage disputes likely will cite in arguing for broad interpretations of what makes claims interrelated enough to be covered under only one policy period.
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December 02, 2011
FDIC Can't Intervene In IndyMac Coverage Suit: Judge
A California federal judge on Wednesday said the Federal Deposit Insurance Corp. cannot intervene in a declaratory judgment suit brought by insurers of IndyMac Bancorp seeking to avoid paying defense coverage for company executives in lawsuits stemming from the bank's collapse.