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Jerry's Enterprises, Inc. v. U.S. Specialty Insurance Co.
Case Number:
15-3324
Court:
Nature of Suit:
Companies
Sectors & Industries:
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January 11, 2017
Grocer Not Covered For Shareholder Fight, 8th Circ. Affirms
The Eighth Circuit on Wednesday affirmed a lower court's ruling that Minnesota-based grocery chain Jerry's Foods' insurer has no duty to defend or indemnify the retailer, saying its directors and officers liability policy from U.S. Specialty Insurance Co. doesn't cover a shareholder dispute that broke out following the death of its founder.
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January 11, 2016
Grocer Demands Defense For Shareholder Fight In 8th Circ.
Minnesota-based grocery chain Jerry's Foods told the Eighth Circuit on Friday that its directors and officers liability policy from U.S. Specialty Insurance Co. should cover a share dispute that broke out following the death of its founder, urging the court to reverse a federal judge's ruling.