Medhi Ali V. Federal Insurance Isn't So Devastating

Law360, New York (June 17, 2013, 12:58 PM EDT) -- Recently, there has been much hand-wringing over the Second Circuit’s decision in Medhi Ali v. Federal Insurance Co., __ F.2d __ (2d Cir. 2013), in which the court declined to extend the holding of Zeig v. Massachusetts Bonding & Insurance Co., 23 F.2d 665 (2d Cir. 1928), to the specific facts of the case before it. Commentators are chalking it up as a major victory for insurers, claiming that policyholders have now lost a key precedent, one which had previously allowed them to argue that an...
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.