HDI Global Specialty SE v. PF Holdings LLC, et al
Case Number:
22-12146
Court:
Nature of Suit:
Companies
Sectors & Industries:
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September 21, 2023
11th Circ. Frees Insurers From Covering $54M Tenant Award
Insurers for a pair of apartment management companies have no duty to cover a $54 million arbitration award over underlying claims of poor living conditions at a federally subsidized Georgia apartment complex, the Eleventh Circuit ruled, finding it was the management companies that breached their policies.
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August 24, 2023
Apt. Cos. Ask 11th Circ. To Make Insurers Cover $54M Award
A pair of apartment management companies told the Eleventh Circuit Thursday that HDI Global Specialty SE and National Union Fire Insurance breached their obligations to cover a $54 million arbitration judgment in a tenant dispute and urged the appeals court to send the case back to the trial court.
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August 25, 2022
Apt. Cos.' Insurers Must Cover $54M Award, 11th Circ. Told
A pair of apartment management companies told the Eleventh Circuit that a lower court erred in absolving their insurers from paying $54 million in arbitration awards in a tenant dispute, saying several issues of material fact should have foreclosed summary judgment.