Opinion
July 8, 2003.
Insurance — Duty to Defend and Indemnify — Coverage for Restitution of Money Wrongly Acquired.
July 8, 2003.
Insurance — Duty to Defend and Indemnify — Coverage for Restitution of Money Wrongly Acquired.
Full title:VIGILANT INS. CO. v. CREDIT SUISSE FIRST BOSTON CORP
Court:Supreme Court of the State of New York, New York County
Date published: Jul 8, 2003
Defendants stress the incorporation of “findings” in the SEC Order and the NYSE Stipulation, and contend that…
J.P. Morgan Sec. Inc. v. Vigilant Ins. Co.Thus, disgorgement of ill-gotten gains or restitutionary damages does not constitute an insurable loss ( see…