WolfBlock Says Severance Fight Is Within Coverage Period

Law360, Philadelphia (January 3, 2014, 6:15 PM EST) -- WolfBlock LLP told a Pennsylvania federal judge on Thursday that a decision to stop payments on a former partner’s $400,000 severance package occurred before the end of the coverage period of an insurance policy that should be used to meet the obligation.

The defunct firm argued in a brief that Federal Insurance Co. was improperly seeking dismissal of a suit aimed at holding the insurer responsible for the severance payments by claiming that coverage under WolfBlock’s fiduciary liability policy was triggered by the annual payment the...
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