Law360, New York (February 6, 2019, 7:58 PM EST) -- A New York state judge expressed frustration Wednesday with both a gold storage company that fell prey to a gang of septuagenarian safecrackers in London and its skeptical insurers at Lloyd's, saying it would be more straightforward if Lloyd's just denied the claim and waited to be sued.
AU Trading Ltd. and related companies, whose safe deposit boxes were plundered in the infamous 2015 Hatton Garden burglary, were sued in March by Lloyd's of London insurers seeking seeking a declaration that the policyholders hadn't cooperated with Lloyd's investigation of the claimed $2.5 million loss. The insurer says the companies changed their claim...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!