Merge Attys' Fees Not Covered By Policy, Insurer Tells 7th Circ.

Law360, Chicago (October 26, 2012, 7:36 PM EDT) -- Fighting full payment to Merge Healthcare Solutions Inc. of a $3.15 million attorneys' fee award in securities litigation, Carolina Casualty Insurance Co. told the Seventh Circuit Friday that most of that amount qualified as damages excluded by the policy that a lower court incorrectly found was ambiguous.

On Friday, Carolina's attorney, Dirk E. Ehlers of Schuyler Roche & Crisham PC, told a three-judge appellate panel there was "no question" that the state court considered the award to be one of damages, and that all of the...
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