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In Re: Indymac Bancorp Inc
Case Number:
2:11-cv-02950
Court:
Nature of Suit:
Judge:
Firms
- Charlston Revich
- Munger Tolles
- Nossaman LLP
- O'Melveny & Myers
- Peitzman Weg
- Sedgwick LLP
- Tucker Ellis
Companies
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September 08, 2011
IndyMac Suit Against D&O Insurers, Directors Tossed
A California federal judge on Wednesday tossed the rest of IndyMac Bancorp Inc.'s case against several insurers and former directors, which sought coverage in underlying suits over its mortgage-backed securities, two weeks after dismissing the bulk of the claims as unripe.
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August 29, 2011
IndyMac Can't Seek Coverage Under D&O Policies: Judge
A California federal judge ruled Thursday that IndyMac Bancorp Inc. lacked standing to seek coverage for several underlying actions over its mortgage-backed securities dealings from 11 insurers that had issued it $160 million worth of directors and officers policies.