BofA Loses Bid For $1.6M In Coverage For Cleanup Suit

Law360, New York (November 10, 2009, 3:45 PM EST) -- Bank of America NA is on its own to pay $1.6 million in a property pollution case brought against it by Safeway Inc., after a federal judge sided with two insurers that claimed the bank's hiring of Davis Wright Tremaine LLP in the underlying suit may have led to a poor settlement result.

In two separate orders published Monday, Judge Robert S. Lasnik of the U.S. District Court for the Western District of Washington, denied Bank of America's motion to dismiss Wausau Underwriters Insurance Co. and...
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