Legal Opinion
RYECO, LLC v. SELECTIVE INSURANCE COMPANY
District Court, E.D. Pennsylvania
Decided May 13, 2021No. 2:20-cv-03182Unknown
1Opinion
IN THE UNITED STATES DISTRICT COURT FOR THE EASTERN DISTRICT OF PENNSYLVANIA RYECO, LLC : CIVIL ACTION : v. : NO. 20-3182 : SELECTIVE INSURANCE COMPANY : MEMORANDUM KEARNEY, J. May 13, 2021 Businesses buy insurance to limit losses from anticipated harm. We today address a business seeking coverage under a Forgery or Alteration coverage provision in its insurance policy after hackers accessed its email system to send wire transfer instructions to its bank directing hundreds of thousands of dollars from its bank account to the hackers. The hackers used the business’s email system and apparently…
2Cases cited20 opinions
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Scott v. HarrisSupreme Court of the United States · 2007
- Antonio Pearson v. Prison Health ServiceCourt of Appeals for the Third Circuit · 2017
- Donald Parkell v. Carl DanbergCourt of Appeals for the Third Circuit · 2016
- Lamont v. New JerseyCourt of Appeals for the Third Circuit · 2011
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