LOR, Inc. v. Allied World National Assurance Company
Case Number:
1:20-cv-08187
Court:
Nature of Suit:
Judge:
Firms
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May 17, 2023
Shareholder Suit Coverage Spat Dismissed By Investment Co.
An investment holding company agreed to dismiss its coverage fight against its insurer over defense costs for underlying shareholder suits, according to filings in a New York federal court.
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October 18, 2022
Insurer Says Shareholder Suit Is Unrelated To Covered Action
An insurer said it doesn't have to cover an investment holding company's defense costs for a shareholder suit filed in 2014, arguing that the suit doesn't relate to a 2010 shareholder action that a judge previously found was covered under a directors and officers policy.
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September 29, 2021
Insurer Seeks Shareholder Suit Redo, Cites Semicolon Issue
Allied World National Assurance Co. asked a New York federal judge to reconsider or certify for appeal his decision in a dispute over coverage of a shareholder suit against an investment firm, urging the judge to make one "miniscule punctuation change" to its policy language.
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September 17, 2021
Judge Says Insurer Owes Defense Costs For Shareholder Suit
Allied World National Assurance Co. must cover at least one of two shareholder lawsuits that cost an investment holding company $10 million in defense fees, a New York federal judge has ruled, holding that an exclusion doesn't apply.