Don't want ads? Subscribe or login now.

Insurer Must Cover $4M In Bank Fraud Judgments, Court Told

By Ben Zigterman · June 8, 2023, 7:31 PM EDT

A Chubb unit must cover more than $4 million in consent and default judgments against a bank and its former CEO with its former investors, who had accused the bank of...

To view the full article, register now.

Try a seven day FREE Trial

Already a subscriber? Click here to login

Documents

Complaint

Case Information

Case Title

JJJ Trust, LLC et al v. Federal Insurance Company

Case Number

1:23-cv-20757

Court

Florida Southern

Nature of Suit

Insurance

Date Filed

February 28, 2023

Recent Articles By Ben

April 22, 2024
Ebix Can Use Proceeds Of $386M Sale To Pay Down Debt
April 09, 2024
Ch. 11 Judge Tosses Calif. Drug Co.'s Bid To Stay Investor Suit
February 13, 2024
Kidde-Fenwal Row Not For Bankruptcy Court, Insurers Say
February 05, 2024
Zymergen Ch. 11 Plan Confirmed After Investor Objection
January 25, 2024
Eye Care Tech Co. Gets Tentative OK For $8M DIP
January 23, 2024
Ex-CEO's Counterclaims Not Allowed, Insys Trustee Says
January 10, 2024
Celsius Insurers Seek OK To Pay Execs' Defense Costs
December 01, 2023
LA Airports' Bid For COVID Coverage Sunk By Federal Judge
November 13, 2023
Kidde-Fenwal Seeks Insurance Coverage For Foam Claims
November 02, 2023
3rd Circ. Rejects Bids To Freeze Boy Scouts' Ch. 11 Plan