Milberg LLP Insurers Appeal Defense Costs Ruling

Law360, New York (November 3, 2009, 2:10 PM EST) -- Two insurance companies seeking to rescind defense coverage to Milberg LLP and several former partners caught up in an alleged kickback scheme have appealed their claims to the U.S. Court of Appeals for the Second Circuit following a district judge's ruling that they waited too long to act.

In filings with the Second Circuit on Oct. 28 and Nov. 2, respectively, Lloyd's of London underwriters and Illinois Union Insurance Co. announced their intention to appeal a Sept. 29 ruling by Judge Loretta Preska of the U.S....
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