Path To Appeal Cleared In Insurers' Row With Milberg

Law360, New York (May 5, 2010, 2:01 PM EDT) -- A federal judge has entered a final judgment in favor of Milberg LLP and several former partners in a suit brought by two insurance companies seeking to rescind defense coverage for criminal counts relating to an infamous kickback scheme, paving the way for the insurers to appeal.

Granting a request by the plaintiffs, Judge Loretta Preska of the U.S. District Court for the Southern District of New York entered a judgment against them Tuesday that will reopen the path for a stalled appeal.

Following the dismissal...
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