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  • Ace Am. Ins. Co. v. Rite Aid Corp.

    Publication Date: 2022-01-25
    Practice Area: Insurance Law
    Industry: Insurance | Pharmaceuticals | Retail
    Court: Delaware Supreme Court
    Judge: Justice Seitz
    Attorneys: For plaintiff: Garrett B. Moritz, R. Garrett Rice, Ross Aronstam & Moritz LLP, Wilmington, DE;Marc S. Casarino, White & Williams LLP, Wilmington, DE; Jonathan D. Hacker, ; O’Melveny & Myers LLP, Washington, D.C.; Michael S. Shuser, Blair E. Kaminsky, Holwell Shuster & Goldberg LLP, New York, NY for, appellants.
    for defendant: Jody C. Barillare, Morgan, Lewis & Bockius LLP, Wilmington, DE; Gerald P. Konkel; Morgan, Lewis & Bockius LLP, Washington, D.C.; William R. Peterson, Morgan, Lewis & Bockius LLP, Houston, TX; Christopher M. Popecki, Morgan, Lewis & Bockius LLP, Los Angeles, CA for appellees.
    Case Number: D69688

    The court held that the suit against the defendants for which plaintiffs sought defense coverage under its liability policy did not allege damages that were covered by the insurance policy such that the insurer had no duty to defend. Reversed decision of lower court.