Scottsdale Asks Court to Toss CTI Insurance Suit

Law360, New York (February 1, 2010, 6:24 PM EST) -- Scottsdale Insurance Co. has asked a federal court to rule that none of the four policies it issued to Centrifugal Technology Inc. covers the costs of a trade secrets case filed against the company and three directors.

On Friday, Scottsdale filed a motion for summary judgment in the U.S. District Court for the Western District of Louisiana, arguing that CTI's claims that the insurer should pay for its failure to settle the lawsuit and for the lawsuit's defense costs should be tossed, and contending that the...
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