Merge Attys' Fees Not Covered By Policy, Insurer Tells 7th Circ.

Law360, Chicago (October 26, 2012, 7:36 PM EDT) -- Fighting full payment to Merge Healthcare Solutions Inc. of a $3.15 million attorneys' fee award in securities litigation, Carolina Casualty Insurance Co. told the Seventh Circuit Friday that most of that amount qualified as damages excluded by the policy that a lower court incorrectly found was ambiguous.

On Friday, Carolina's attorney, Dirk E. Ehlers of Schuyler Roche & Crisham PC, told a three-judge appellate panel there was "no question" that the state court considered the award to be one of damages, and that all of the...
To view the full article, register now.
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.