GlobalAxxess Trustees Sue Arrowood Over $4M D&O Payout

Law360, New York (February 13, 2012, 4:08 PM EST) -- Arrowood Indemnity Co. owes the trustees of a bankrupt Florida company a $4 million payout after improperly denying coverage to two executives who were sued for fraud, according to a lawsuit removed to Florida federal court Friday.

The third-party complaint, originally filed in Florida state court in December, alleges Arrowood should have covered Stephen Musco and Benjamin Hern, two former executives at now-bankrupt American Employee Leasing Inc., later known as Axxess HR 1 and Inc., when the two were sued by a former employee for...
To view the full article, register now.




Case Information

Case Title

Rosier et al v. Axxess HR I, Inc. et al

Case Number



Florida Middle

Nature of Suit



Virginia M. Hernandez Cov

Date Filed

February 8, 2012

Law Firms


Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.