St. Paul Mercury Insurance Company v. Amy et al
Case Number:
1:14-cv-06202
Court:
Nature of Suit:
Judge:
Firms
- Hinshaw & Culbertson
- InfoLawGroup LLP
- Katten & Temple
- Loeffler Thomas
- Lowenstein Sandler
- Roetzel & Andress
- Wilson Elser
Government Agencies
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October 28, 2015
Insurer, ShoreBank Execs Near Deal In $73M Coverage Fight
St. Paul Mercury Insurance Co. has reached a tentative settlement in its suit claiming it doesn't have to defend five former ShoreBank Corp. executives in a Federal Deposit Insurance Corp. action alleging their loose lending led to $73 million in losses and directly contributed to the bank's failure, according to court papers filed Tuesday.
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August 13, 2014
Insurer Aims To Duck ShoreBank Execs' Defense In $73M Suit
St. Paul Mercury Insurance Co. filed suit Tuesday in Illinois federal court saying it doesn't have to defend five former executives of ShoreBank Corp. in a Federal Deposit Insurance Corp. action alleging their loose lending led to $73 million in losses and directly contributed to the bank's failure.