Insurer Can Rescind Fen-Phen Atty's Policy, 6th Circ. Says

Law360, New York (April 13, 2012, 5:14 PM EDT) -- The Sixth Circuit affirmed Friday that Continental Casualty Co. could rescind a policy granted to former attorney Melbourne Mills Jr., who was disbarred after he allegedly siphoned money from a $200 million class settlement in litigation over diet drug fen-phen.

Continental could void the policy under Kentucky law because, among other reasons, Mills did not divulge in a 2003 malpractice insurance renewal application that he was being investigated by the Kentucky Bar Association for his handling of the fen-phen settlement, according to a three-judge panel....
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