American Guarantee & Liability Insurance v. Fojanini

MEMORANDUM

LOWELL A. REED, Jr., Senior District Judge.

In this action, plaintiff American Guarantee and Liability Insurance Co. (“American Guarantee”) seeks a declaration that it owes no coverage and has no duty to defend defendants Gary Black, Sr., and Gary Black, Jr., in an underlying action, pursuant to exclusions in a directors and officers liability policy issued by a subsidiary of American Guarantee. In the underlying action, the Blacks and their corporation, Nouveau International, Inc. (“Nouveau”), have been sued by defendants Marco Fo-janini, Armando Ferroni, and Europe Invest, S.R.L.,…