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Lion Oil Company v. National Union Fire Insurance Company of Pittsburgh, PA et al
Case Number:
1:13-cv-01071
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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November 04, 2015
Lion Oil Wins $72M Jury Verdict In Exxon Spill Coverage Row
An Arkansas federal jury handed Lion Oil Co. a nearly $72 million win Wednesday in its suit over insurance coverage for business interruption losses stemming from the rupture of an Exxon Mobil-owned pipeline, finding that the rupture, and not a regulatory shutdown, directly caused the damages.
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November 03, 2015
Insurers Can't Revive Exclusion In $80M Exxon Oil Spill Row
An Arkansas federal judge on Tuesday refused to reconsider her months-old ruling that insurers can't use a "latent defect" policy exclusion to avoid covering Lion Oil Co.'s $80 million in business interruption losses stemming from the rupture of an Exxon Mobil Corp.-owned pipeline, saying her reasoning holds up.
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November 02, 2015
Lion Oil Wins Policy Limit Bout In $80M Exxon Rupture Row
An Arkansas federal judge in an $80 million insurance coverage row over Lion Oil Co.'s losses stemming from the rupture of an Exxon Mobil Corp.-owned pipeline ruled Monday that certain coverage grants are subject only to the policies' total $700 million limit, an interpretation that insurers had earlier called "absurd."
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November 02, 2015
Insurers Seek Judgment In $80M Exxon Rupture Suit
A group of insurers urged an Arkansas federal judge Monday to grant judgment in their favor in Lion Oil Co.'s suit over $80 million in business interruption losses stemming from the rupture of an Exxon Mobil Corp.-owned pipeline, saying the oil company can't prove its case.
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September 10, 2015
Insurers Denied Quick Win In $80M Exxon Rupture Row
An Arkansas federal judge denied insurers a quick win Thursday in Lion Oil Co.'s suit over $80 million in business interruption losses stemming from the rupture of an Exxon Mobil Corp.-owned pipeline, sending the coverage question to trial.
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October 09, 2013
Lion Wants $80M In Exxon Pipeline Breach Losses Covered
Lion Oil Co. demanded $80 million in indemnification from more than a dozen insurers in a federal lawsuit filed Tuesday for losses from an Exxon Mobil Corp. pipeline rupture that crippled traffic to and from its flagship Arkansas refinery for nearly a year.