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CBX Resources LLC v. Ace American Insurance Company et al
Case Number:
5:17-cv-00017
Court:
Nature of Suit:
Judge:
Firms
Sectors & Industries:
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June 28, 2018
Ace Not Bound By $106M Judgment In Faulty Well Row
A Texas federal judge ruled Thursday that insurer Ace isn't bound by an underlying $106 million judgment because the proceeding that yielded it wasn't "fully adversarial," in what may be the first federal use of the Texas Supreme Court's splashy Hamel decision.
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October 16, 2017
Insurer Needn't Defend In $105.7M Well Coverage Suit
A Texas federal judge ruled Monday that ACE American Insurance Co. has no duty to defend an oil driller hit with a $105.7 million judgment after creating a well that became unusable, saying an exclusion applied to the entire well, and the driller's work couldn't be separated out from the rest.