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  • Sycamore Partners Mgmt., L.P. v. Endurance Am. Ins. Co.

    Publication Date: 2021-09-29
    Practice Area: Insurance Litigation
    Industry: Insurance | Investments and Investment Advisory
    Court: Delaware Superior Court
    Judge: Judge LeGrow
    Attorneys: For plaintiff: David J. Baldwin, Peter C. McGivney, Berger Harris LLP, Wilmington, DE; John E. Failla, Nathan R. Lander, Elise A. Yablonski, Tiffany M. Woo, Proskauer Rose LLP, New York, NY for plaintiffs.
    for defendant: Elena C. Norman, Michael A. Laukaitis, II, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Michael F. Perlis, Richard R. Johnson, Kaufman Borgeest & Ryan LLP, Woodland Hills, CA; Sebastian Quitmeyer, Kaufman Borgeest & Ryan LLP, New York, NY; Carmella P. Keener, Cooch & Taylor, P.A., Wilmington, DE; Ronald P. Schiller, Daniel J. Layden, Isabel C. Naviera López, Hangley Aronchick Segal Pudlin & Schiller, P.C., Philadelphia, PA for defendants.
    Case Number: D69552

    The court granted summary judgment in favor of plaintiffs, because defendant insurers were obligated to provide insurance coverage even though third parties provided some of the funds to pay plaintiffs' settlement.

  • Sycamore Partners Mgmt., L.P. v. Endurance Am. Ins. Co.

    Publication Date: 2021-03-17
    Practice Area: Insurance Litigation
    Industry: Insurance | Investments and Investment Advisory
    Court: Delaware Superior Court
    Judge: Judge LeGrow
    Attorneys: For plaintiff: David J. Baldwin, Peter C. McGivney, Berger Harris LLP, Wilmington, DE; John E. Failla, Nathan R. Lander, Elise A. Yablonski, Proskauer Rose LLP, New York, NY for plaintiffs.
    for defendant: Barry M. Klayman, Cozen O’Connor, Wilmington, DE; Michael R. Davisson, Cozen O’Connor, Los Angeles, CA; Elena C. Norman, Michael A. Laukaitis, II, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Michael F. Perlis, Locke Lord LLP, Los Angeles, CA; Michael P. Duffy, Scarlett M. Rajbanshi, Peabody & Arnold LLP, Boston, MA; Ian Connor Bifferato, The Bifferato Firm, P.A., Wilmington, DE; James Thurston, Wilson Elser Moskowitz Edelman & Dicker, LLP, Chicago, IL; Daniel E. Tranen, Wilson Elser Moskowitz Edelman & Dicker, LLP, Edwardsville, IL; Elizabeth B. Sandza, Wilson Elser Moskowitz Edelman & Dicker, LLP, Washington, DC; Carmella P. Keener, Cooch and Taylor, P.A., Wilmington, DE; Ronald P. Schiller, Daniel J. Layden, Hangley Aronchick Segal Pudlin & Schiller, P.C., Philadelphia, PA for defendants.
    Case Number: D69333

    Insurers' defense of uninsurability failed as a matter of law, because Delaware law did not prohibit insur-ance policies for restitution or disgorgement.

  • Goggin v. Nat'l Union Fire Ins. Co. of Pittsburgh, PA

    Publication Date: 2018-12-12
    Practice Area: Corporate Governance | Insurance Law
    Industry: Energy | Mining and Resources
    Court: Delaware Superior Court
    Judge: Judge Wallace
    Attorneys: For plaintiff: David J. Baldwin and Carla M. Jones, Potter Anderson & Corroon, LLP, Wilmington, DE; Seth B. Schafler and Seth D. Fiur, Proskauer Rose, LLP, New York, NY for plaintiffs.
    for defendant: Seth A. Niederman, Fox Rothschild, LLP, Wilmington, DE; Joseph Collins, Fox Rothschild, LLP, Chicago, IL for defendant.
    Case Number: D68383

    Exclusionary clause of Directors & Officers insurance policy applied where claims against former directors would not have arisen but for their formation and use of investment vehicles, of which they were managers/members, to enrich themselves at the expense of the corporation for which they were directors and the corporation's creditors.