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W Holding Company, Inc. et al v. AIG Insurance Company- Puerto Rico, et al
Case Number:
3:11-cv-02271
Court:
Nature of Suit:
Judge:
Firms
- Alston & Bird
- Bailey Cavalieri
- Bobonis Bobonis
- Boies Schiller
- Buchanan Ingersoll
- Colon & Colon
- Coto & Associates
- Law Office of David J. Hungeling
- Ledesma Vargas
- Liskow & Lewis
- McConnell Valdes
- Moscowitz & Moscowitz
- Pietrantoni Mendez
- Rivero Mestre
- Saldana Carvajal
- Wiley Rein
- Wilson Elser
Companies
- American International Group Inc.
- Government Development Bank for Puerto Rico
- Liberty Mutual Insurance Group
- Popular Inc.
Government Agencies
Sectors & Industries:
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March 31, 2015
AIG, Other Insurers Pay FDIC $34M To Settle D&O Claims
A Puerto Rican federal judge on Monday signed off on a $34 million settlement between a group of insurers and the Federal Deposit Insurance Corp., ending the regulator's claims seeking $176 million from former executives of Westernbank Puerto Rico.
-
July 09, 2014
Judge Expands Coverage For FDIC's $176M D&O Claims
A Puerto Rico federal judge on Wednesday rejected insurers' attempts to apply an insured v. insured exclusion to the Federal Deposit Insurance Corp.'s claims seeking $176 million from former executives of Westernbank Puerto Rico, while expanding coverage in a policy year the insurers argued was out of reach.
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December 13, 2012
Westernbank D&Os Lose Review Bid In $176M FDIC Suit
A federal judge declined on Wednesday to reconsider an earlier ruling that preserved the Federal Deposit Insurance Corp.'s claims seeking $176 million from directors and officers of Westernbank Puerto Rico, saying the court correctly tolled the time limit on the FDIC's claims.
-
October 24, 2012
FDIC's $176M Westernbank D&O Suit Survives Dismissal Bid
A Puerto Rico federal judge refused Tuesday to toss the Federal Deposit Insurance Corp.'s claims seeking $176 million from directors and officers of Westernbank Puerto Rico and demanding enforcement of their D&O insurance policies, finding the regulator alleged enough details for its gross negligence claims to proceed.
-
April 12, 2012
Former Westernbank Chiefs Seek To Toss $176M FDIC Suit
Executives and directors of the now-defunct Westernbank Puerto Rico asked a federal judge Wednesday to dismiss a $176 million Federal Deposit Insurance Corp. suit accusing the group of gross negligence in its handling of loans prior to the bank's closure in 2010.