Developer Says RE Partnership Row Claims Trigger Coverage

Law360, Philadelphia (November 26, 2013, 3:33 PM EST) -- A Philadelphia real estate developer asked a Pennsylvania judge on Monday to reject Axis Insurance Co.’s claims that it has no obligation to provide coverage in a soured partnership dispute over several high-value properties in the city.

In preliminary objections to the insurer’s lawsuit seeking to dodge coverage in the battle, Ronald Caplan and his PMC Property Group Inc. argued that the policy issued by Axis clearly obligates the company to defend them in the underlying lawsuit brought by former partner Eric Blumenfeld.

“Under Pennsylvania law,...
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