Judge Nixes Office Depot's FCA Coverage Fight With AIG
Law360, New York (January 24, 2017, 2:02 PM EST) -- A California federal judge on Monday permanently dismissed Office Depot’s breach of contract lawsuit claiming AIG Specialty Insurance Co. owed it a defense of a whistleblower’s accusations that the supply giant overbilled public entities, which it settled in 2015 for $77.5 million.
On Jan. 4, U.S. District Judge Stephen V. Wilson granted AIG’s motion for quick judgment on Office Depot’s duty to defend claim, finding that coverage was precluded by Section 533 of the California Insurance Code, which says that an insurer is not liable for losses caused by an insured’s willful acts, and that the supplier did not have a...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!