Insurers' Plane Crash Suit Against Cirrus Grounded

Law360, New York (January 3, 2011, 8:03 PM EST) -- A federal judge has dismissed a suit brought against airplane maker Cirrus Design Corp. by two insurers looking to recover over $11 million they paid out after the plane crash that claimed the lives of New York Yankees pitcher Cory Lidle and a flight instructor in 2006, but left the door open for the plaintiffs to amend their complaint.

Judge Barbara Jones of the U.S. District Court for the Southern District of New York signed off on an opinion and order Thursday granting Cirrus' bid to...
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