Siemens First, QBE Trial-Bound In $10.2M Policy Tiff

Law360, New York (September 13, 2010, 2:22 PM EDT) -- A federal judge has refused to award summary judgment to Siemens First Capital Commercial Finance LLC in a $10.2 million dispute with QBE Insurance Corp. over a trade credit insurance policy, ruling that there is a material dispute in the breach of contract litigation ahead of a scheduled November trial.

Judge Vicki Miles-LaGrange said Friday in the U.S. District Court for the Western District of Oklahoma that each party has submitted evidence supporting its side. Siemens, the plaintiff, argued that QBE has only paid $8.9 million...
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