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RSUI Indemnity Company et al v. Worldwide Wagering, Inc. et al
Case Number:
1:17-cv-01690
Court:
Nature of Suit:
Judge:
Firms
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October 10, 2017
Racetrack Co. With Blago Ties Can't Save $21M Coverage Bid
An Illinois federal judge on Tuesday reiterated that RSUI Indemnity Co. need not defend a bankrupt racetrack operator in a $21 million suit claiming it made money transfers to shareholders despite revelations of its role in a bribery case involving former Illinois Gov. Rod Blagojevich, saying a policy clause specifically excludes such claims.
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July 17, 2017
Racetrack Not Covered For $21M Blago-Tied Fraud Suit
RSUI Indemnity Co. need not defend a bankrupt racetrack operator in a $21 million underlying suit alleging fraudulent money transfers, an Illinois federal judge ruled Monday, because it is connected to separate litigation over former Gov. Rod Blagojevich's bribery and is thus excluded under RSUI's policy.
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May 23, 2017
Insurer Says Bribe Case Erases Defense Duty To Racetrack
Illinois Northern RSUI Indemnity Co. argued Monday it is not required to defend an Illinois racetrack operator against a $21 million suit alleging fraudulent money transfers, saying it falls under a policy exclusion for cases related to its bribery of former Gov. Rod Blagojevich.
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April 07, 2017
Gambling Co. Wants Quick Win In Bribery Insurance Row
An Illinois racetrack operator that was sent into Chapter 11 after a jury found it had bribed former Gov. Rod Blagojevich on Thursday asked an Illinois federal court to find its insurer must cover it for a $21 million suit alleging fraudulent money transfers, saying the suit's allegations go beyond the Blagojevich case.
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March 06, 2017
Insurance Co. Says It Won't Cover Bribe-Linked Litigation
A Georgia-based insurance company has sued in Illinois federal court to seek a ruling it has no duty to recover $21 million that allegedly was fraudulently transferred to conceal assets of two Illinois racetracks controlled by an online sports gambling website that went bankrupt after a jury found it had bribed former Illinois Gov. Rod Blagojevich.