No Coverage For Atty Accused Of $800K Theft, 5th Circ. Says

Law360 (March 27, 2018, 3:33 PM EDT) -- The Fifth Circuit declined Monday to revive a dispute over an insurance company’s obligations, saying the lower court correctly found no coverage was owed to an attorney found liable for defrauding two clients who were also his friends by failing to repay loans they said totaled $800,000.

The panel agreed with the lower court that at the time Ledford E. White purchased a professional liability policy from Wesco Insurance Co. for his practice, Ledford E. White PC, he was already facing a suit by Gwendolyn Gene Layton and Troylynn Ann Layton over nearly $800,000 he convinced them to lend out. Thus, Wesco had no obligation...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Attached Documents



Case Information

Case Title

Subscribers Only

Case Number

Subscribers Only


Appellate - 5th Circuit

Nature of Suit

4110 Insurance

Date Filed

April 3, 2017

Law Firms