5th Circ. Urged To Rethink Ruling Axing $350M Insurance Suit

By Jeff Sistrunk ( June 17, 2015, 9:04 PM EDT) -- The founders of Safeguard Self Storage urged a Fifth Circuit panel Tuesday to flip its decision affirming the dismissal of their lawsuit against Lloyd's of London and a Morgan Stanley unit alleging a conspiracy to block a $350 million insurance claim after Hurricane Katrina, saying the panel erred in finding that they lack standing....

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