Certain Underwriters at Lloyd's et al v. Strategic Capital Partners, LLC et al
Case Number:
1:21-cv-05211
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Firms
Companies
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September 11, 2023
Insurers, Ga. Adviser Settle Easement Scheme Coverage Suit
A group of insurers reached a settlement with a real estate investment company and its leaders, ending the insurers' bid to deny coverage for underlying suits alleging the company promoted bogus tax schemes that exposed investors to IRS scrutiny.
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July 18, 2023
Easement Adviser Says Jury Should Decide Insurers' Case
A Georgia company accused of promoting conservation easement schemes that exposed investors to tax scrutiny asked a Georgia federal court to let a jury decide whether it should have insurance coverage for underlying suits over the matter.
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October 13, 2022
Insurers Must Cover Fraud Litigation, Real Estate Co. Says
A group of insurers shouldn't be allowed to dodge coverage obligations to a real estate investment company in underlying fraud lawsuits, the firm told a Georgia federal court, arguing that state law requires a jury to decide a key component of whether a policy exclusion applies.
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September 15, 2022
IRS Action Knowledge Bars Investor Suit Coverage, Court Told
A company isn't covered in underlying litigation contending it promoted conservation easement transactions that exposed investors to Internal Revenue Service scrutiny because it knew several transactions had been disallowed before an effective date in its insurance policy, the company's insurers told a Georgia federal court.
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July 25, 2022
Insurers Urge Court Not To Halt Easement Coverage Fight
A Georgia federal court shouldn't pause a suit brought by a group of insurers seeking to avoid covering a company's defense against litigation contending it promoted conservation easement schemes that exposed investors to IRS scrutiny, the underwriters argued.
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December 22, 2021
Co.'s Easement Suits Not Covered By Insurance, Court Told
A group of insurers are not obligated to cover a company's defense against suits contending it promoted conservation easement schemes that exposed investors to IRS scrutiny, the carriers told a Georgia federal court, arguing the company knew the litigation risk.