Insurer Can Challenge Deal In Dickstein Malpractice Row
Law360 (December 21, 2020, 6:31 PM EST) -- The Ninth Circuit ruled Friday that excess insurer Scottsdale Insurance Co. can press its argument that it shouldn't have to help fund defunct Dickstein Shapiro LLP's defense of a legal malpractice case because the firm's primary insurers at Lloyd's of London improperly exhausted their limit settling a dispute over a prior malpractice action.
Partially reversing a lower court, a three-judge panel of the appeals court found that Scottsdale is entitled to challenge the decision by Dickstein's primary professional liability carriers — a group of seven underwriters at Lloyd's — to shell out $17.5 million to settle a suit claiming they wrongfully...
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!