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Chartis Concocted Reason To Nix $18M Payout, Merrick Says

By William Gorta · November 28, 2016, 9:47 PM EST

Merrick Bank Corp. told a New York federal jury Monday that Chartis Specialty Insurance Co. "concocted" an after-the-fact equivalency between an escrow account and a merchant reserve account to avoid paying...

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Case Information

Case Title

Merrick Bank Corporation v. Chartis Specialty Insurance Company

Case Number

1:12-cv-07315

Court

New York Southern

Nature of Suit

Insurance

Date Filed

September 28, 2012

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