Texas Court Must Address Liability Exclusions Case: 5th Circ.

Law360, New York (August 9, 2012, 2:54 PM EDT) -- The Fifth Circuit on Wednesday withdrew its opinion in favor of Amerisure Insurance Co. in a hotly contested dispute over the interpretation of a contractual liability exclusion, saying it needs the Texas Supreme Court to clarify exactly how Texas law affects the case.

In June an appeals panel voted 2-1 to uphold a federal district court's finding that Amerisure had no duty to defend or Ewing Construction Co. in an underlying lawsuit filed by the Tuloso-Midway Independent School District over allegedly faulty tennis courts. The panel...
To view the full article, register now.

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.