Zurich American Insurance Company and Fidelity and Deposit Company of Maryland v. Ascent Construction et al
Case Number:
1:20-cv-00089
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Companies
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November 27, 2023
Insurer Must Unveil Secret Settlement Terms, Court Told
A construction company told a Utah federal court that an insurer must reveal details of a confidential settlement with the company's former CFO in order to determine if the settlement should be used to offset a $7 million judgment, saying the insurer has provided no meaningful information.
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September 29, 2023
Zurich Wins $26M In Dispute Over Construction Family Rift
An insurer is owed $26 million in a lawsuit in which family members of a construction company founder were accused of working with the insurer to trigger defaults and lawsuits over a handful of large projects, a Utah federal court ruled.
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January 05, 2022
Zurich Can't Beat Collusion Claims In Construction Family Rift
Zurich can't disentangle itself from a sprawling multimillion dollar fight over whether the son of the founder of a construction company worked with the insurer to trigger defaults and lawsuits over a handful of large real estate projects.