XL Specialty Insurance v. Lakian

SUMMARY ORDER

Appellants Knox, LLC (“Knox”), and DJW Advisors, LLC (“DJW”), appeal from a January 15, 2015 memorandum and order of the United States District Court for the Southern District of New York denying their motion to intervene as of right or by permission in an interpleader action filed by plaintiff-appellee XL Specialty Insurance Co. (“XL”). Knox and DJW contend, inter alia, that the district court erred by concluding that under Federal Rule of Civil Procedure 24(a)(2) they do not have a direct, substantial, and legally protectable interest in XL’s insurance payouts that are the…