Insurer Says Law Firm Lied About Fraud Case

Law360, New York (February 22, 2011, 4:01 PM EST) -- Greenwich Insurance Co. accused Bacino & Associates LLC last week of concealing criminal fraud charges in its insurance application, seeking to avoid covering the shuttered law firm in a California negligence action related to $8.5 million in real estate loans.

Greenwich filed suit Thursday in the U.S. District Court for the District of Columbia to rescind its professional liability policy and escape defending or indemnifying the firm in a negligence suit filed in the Superior Court of the State of California, County of San Diego that...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

GREENWICH INSURANCE COMPANY v. BACINO & ASSOCIATES, LLC et al


Case Number

1:11-cv-00399

Court

District Of Columbia

Nature of Suit

Insurance

Judge

Robert L. Wilkins

Date Filed

February 17, 2011

Law Firms

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.