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Clear Blue Specialty Insurance Company v. OZY MEDIA, INC. et al

  1. November 21, 2023

    NY Firm's Intervention In Ozy Coverage Fight Gets Upheld

    A California federal court refused to reconsider its decision allowing a New York law firm to intervene in a coverage suit against Ozy Media Inc. and its CEO, holding that the firm is entitled to recover unpaid legal fees from the CEO under a charging lien.

  2. November 14, 2023

    Ozy CEO Spars With Ford O'Brien Over Insurance Proceeds

    Ozy Media's CEO urged a California federal court to reconsider its decision to allow a New York law firm to intervene in a coverage dispute and recover legal fees relating to its defense of the company in underlying litigation, saying it could harm his defense in an upcoming trial.

  3. November 06, 2023

    Ford O'Brien Can Intervene In Ozy Media Coverage Fight

    A New York law firm that previously represented Ozy Media during government investigations is allowed to intervene in an insurer's coverage fight over defense costs, and the firm is entitled to recover legal fees under its charging lien, a California federal judge ruled.

  4. June 09, 2023

    Insurer Can't Get Out Of Ozy CEO Advance Coverage Order

    Ozy Media's insurer failed to get a California federal court to reconsider a decision ordering it to advance defense costs to the company's CEO, with the court writing that the insurer was seeking to relitigate a fait accompli.

  5. April 21, 2023

    Ozy CEO Can Get Advanced Defense Costs, Court Says

    Ozy Media's insurer must advance defense costs to Ozy's CEO but not the media company itself, a California federal court said Thursday, saying there is little evidence supporting rescission of the policy concerning the CEO at this point in litigation.

  6. March 03, 2023

    Insurer Asks Judge To Ignore Ozy Media's Coverage Argument

    A California federal court should disregard a recent argument by Ozy Media and its CEO, who was arrested last month on federal fraud charges, in a bid to gain coverage of the CEO's legal bills, the company's insurer argued, saying they made the argument improperly.

  7. September 15, 2022

    Ozy Media Insurer Says Injunction Bid Fails

    An insurer for Ozy Media Inc. asked a California federal court to reject the media company's request for a preliminary injunction ordering the insurer to advance defense costs under a rescinded insurance policy, arguing that the media company falls short in meeting the requirements for such a request.

  8. February 15, 2022

    Insurer Pushes To Keep Ozy Media Coverage Suit Alive

    Clear Blue Specialty Insurance Co. said Ozy Media Inc. can't dismiss the insurer's lawsuit to void the now-defunct media company's policy due to misrepresentations made in its insurance application, arguing in California federal court that it did not waive its right to rescind the policy.

  9. February 01, 2022

    Ozy Media Seeks To Toss Insurer Suit Amid Securities Scandal

    Amid the launch of a shareholder suit and a federal investigation, Ozy Media Inc. told a California federal court that its insurer can't now try to void its directors and officers policy, calling the insurer's claims that Ozy and its executives misrepresented key facts in its insurance application "vague."

  10. November 12, 2021

    Insurer Wants Ozy Media Policy Voided Over Impersonation

    Clear Blue Specialty Insurance Co. told a California federal judge that its directors and officers policy with Ozy Media should be declared void, arguing that the media company didn't provide accurate financial information on its insurance application.

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