Dillon v. Continental Casualty Company
Case Number:
5:10-cv-05238
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October 02, 2017
Continental Can't Escape Ponzi Coverage Suit
Continental Casualty Co. and the receiver for a defunct company that ran a Ponzi-like real estate embezzlement scheme are headed to trial to decide whether a Continental policy covered some of the losses, after a California federal court denied dueling motions for summary judgment on Friday.
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May 04, 2017
Continental Fights Ponzi Coverage After 9th Circ. Revival
Continental Casualty Co. and the receiver for a defunct company that ran a Ponzi-like real estate embezzlement scheme squared off in California federal court Thursday, almost a year after the Ninth Circuit revived the case, with Continental arguing that a 2004 policy doesn't cover the losses.
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March 27, 2014
Continental Off Hook For Tax Co.'s Ponzi Losses
A California federal judge on Wednesday excused Continental Casualty Co. from covering a defunct 1031 exchange company that ran a Ponzi-like real estate embezzlement scheme, ruling that allowing its receiver to recover client losses would reward criminality in violation of state insurance law.