Jeremy Schulman v. Axis Surplus Insurance Company, Inc.
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February 09, 2024
4th Circ. Atty Fraud Ruling Limits Criminal Defense Coverage
The Fourth Circuit pushed criminal matters to the outer margins of professional liability insurance as it finalized its decision affirming a Maryland attorney is not entitled to coverage of defense costs from charges that he defrauded financial institutions.
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January 30, 2024
Full 4th Circ. Declines Atty's Coverage Case In Fraud Defense
The full Fourth Circuit won't hear a Maryland attorney's arguments after a panel determined he is not entitled to defense costs from his firm's insurer concerning his indictment on charges that he defrauded financial institutions to gain control of $13 million in frozen Somali assets.
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January 19, 2024
Md. Atty Seeks En Banc Review By 4th Circ. On Defense Costs
A Maryland attorney asked the Fourth Circuit to reconsider a panel's decision saying he is not entitled to defense costs from his firm's insurer after being indicted on allegations he seized $13 million in Somalian government funds, arguing the decision undermines "the very purpose" of professional liability insurance.
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January 04, 2024
Md. Atty Not Owed Defense Coverage, 4th Circ. Finds
A Maryland attorney is not entitled to defense costs under his law firm's insurance policy after he was indicted on allegations that he fraudulently seized control of $13 million in Somalian government funds, the Fourth Circuit has ruled, affirming in full a district court's summary judgment.
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October 26, 2023
4th Circ. Skeptical Atty Can Get Coverage In $13M Fraud Case
The Fourth Circuit voiced doubt Thursday that pending criminal charges are enough to trigger insurance coverage for an attorney indicted on allegations he fraudulently seized control of $13 million in Somalian government funds, with a judge suggesting the carrier's agreement to cover costs related to a subpoena was "generous."
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October 23, 2023
4th Circ. Preview: NBA Agent's Contract Spat Tops Oct. Docket
The Fourth Circuit's October argument lineup will find the court delving into a contract dispute between star NBA forward Zion Williamson and his former agent, while a former Drug Enforcement Administration recruit attempts to bring back her discrimination lawsuit.
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October 31, 2022
Indicted Atty Doubles Down Defense Coverage Appeal
An indicted attorney told the Fourth Circuit on Friday that his insurers owe coverage for his criminal defense, arguing that the insurers "present nothing more than internally inconsistent arguments."
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September 09, 2022
Indicted Attorney Appeals For Firm's Defense Coverage
An indicted attorney filed an appeal with the Fourth Circuit, claiming a Maryland federal court erred by letting an insurer deny coverage of his criminal defense.