News & Analysis as of

Denial of Insurance Coverage Breach of Contract Contract Interpretation

Carlton Fields

Second Circuit Affirms $54 Million Jury Award in Favor of Insured After Insurers Deny Claim for Venezuela Oil Cargo Loss

Carlton Fields on

In Citgo Petroleum Corp. v. Ascot Underwriting Ltd., the Second Circuit Court of Appeals affirmed a $54 million jury award in favor of Citgo after agreeing with the lower court’s finding that Venezuela’s political conditions...more

Cozen O'Connor

Texas Court Affirms No Duty to Advise on Coverage Adequacy: Key Takeaways from Century Surety’s Win

Cozen O'Connor on

In Century Surety Co. v. EC & SM Guerra, LLC, 5:23-CV-01215-XR-RBF, 2025 WL 2602288 (W.D. Tex. Aug. 21, 2025) aff’2025 WL 2598375 (Sept. 5, 2025), the United States District Court for the Western District of Texas reaffirmed...more

Wiley Rein LLP

“On Behalf Of” Requirement Narrows Defense Cost Recovery Under D&O Policy

Wiley Rein LLP on

The United States District Court for the Central District of California, applying California law, has held that an insurer was not required to cover attorneys’ fees for work performed for an insured’s special committees or...more

Wiley Rein LLP

Trade Secret Disclosure Qualifies as a “Privacy Event” Under Professional Liability Policy

Wiley Rein LLP on

The Delaware Superior Court, applying Delaware law, has held that an insured adequately stated a claim for breach of contract because a trade secret constitutes “non-public information,” thereby implicating coverage for a...more

Butler Snow LLP

Contracts May “Legally” Obligate a Party to Pay, Even Without a Court Judgment

Butler Snow LLP on

Time and again, courts have been tasked with construing ambiguous and inconsistent terms in contracts. Recently, the Sixth Circuit revisited the issue of interpreting contractual language in Dark Horse Express, LLC v. Lancer...more

5 Results
 / 
View per page
Page: of 1

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide