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Seabury FXOne LLC et al v. U.S Specialty Insurance Co. et al
Case Number:
1:21-cv-00837
Court:
Nature of Suit:
Judge:
Firms
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March 29, 2023
Investment Co., Insurer Settle $4.5M D&O Suit
An investment firm and its insurer have settled a dispute over $4.5 million in defense costs incurred during arbitration proceedings with a former executive, a New York federal court said.
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February 27, 2023
Investment Firm Gets Quick Win In $4.5M D&O Suit
An investment firm seeking coverage for $4.5 million in defense costs incurred during arbitration proceedings with a former executive got a quick win from a New York federal judge, who found that allegations of constructive termination and related retaliation triggered an exception to the policy's insured-versus-insured exclusion.
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July 11, 2022
Firm Can't Avoid Exclusion In $4.5M D&O Suit, Insurer Says
Seabury Capital can't get coverage for the $4.5 million it spent to defend an arbitration proceeding brought by a former executive, its insurer told a New York federal court, arguing that the investment firm is trying to "shoehorn" the arbitration into an exception in its policy's insured-versus-insured exclusion.
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June 10, 2022
Insurer Not Telling Full Story In $4.5M D&O Suit, Firm Says
An investment firm asked a New York federal judge to grant it a win in its suit seeking defense coverage for $4.5 million it spent during arbitration with a former executive, accusing its insurer of taking a "myopic and selective" position to seek refuge under an insured-versus-insured exclusion.
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May 13, 2022
Insurer Seeks Total Win In Investment Firm's $4.5M D&O Suit
An insurer for Seabury Capital asked a New York federal judge Friday to free it from the investment firm's suit seeking coverage for $4.5 million in defense costs stemming from arbitration with a former executive, saying the arbitration falls under an insured-versus-insured exclusion.
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April 05, 2022
Insurer, Investment Firm Seek Early Wins In $4.5M D&O Suit
Both New York-based investment firm Seabury Capitol and its insurer, U.S. Specialty Insurance Co., asked a New York federal judge for permission to seek early victories in the suit over coverage of the $4.5 million the investment firm spent defending itself in an arbitration with a former executive.
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February 17, 2022
Investment Co. Drops Excess Insurer From $4.5M D&O Suit
New York-based investment firm Seabury Capital dropped its excess insurer, RSUI Indemnity Co., from a $4.5 million suit seeking coverage for its costs in an arbitration with a former executive, seemingly because the two parties had reached some type of settlement.