Legal Opinion
Hess Oil Virgin Islands Corp. v. Firemen's Fund Insurance
District Court, Virgin Islands
Decided January 2, 1986No. Civ. Nos. 1985/139, 1985/114PublishedCited by 10 opinions
1Opinion of the Court
MEMORANDUM OPINION
This case demonstrates the risks an insurance company undertakes when it withdraws from the defense of an insured on the eve of trial, leaving that insured to its own devices. We uphold in this case the insured’s own actions taken in protection of its interests after the abandonment by the insurance carrier. Partial summary judgment will be granted to Hess Oil Virgin Islands Corp. and Royal Insurance Int., Ltd., as its subrogee. Remaining questions of reasonableness of the settlement and whether punitive damages should be awarded are left for future determination.
I. FACTS
On…
2Cases cited7 opinions
- United States v. SeckingerSupreme Court of the United States · 1970
- C. H. Heist Caribe Corporation v. American Home Assurance CompanyCourt of Appeals for the Third Circuit · 1981
- Parfait v. Jahncke Service, Inc.Court of Appeals for the Fifth Circuit · 1973
- Victor Maneikis v. St. Paul Insurance Company of IllinoisCourt of Appeals for the Seventh Circuit · 1981
- M & O Marine, Inc. v. Marquette Company, in No. 83-5422. M & O Marine, Inc., in No. 83-5499 v. Marquette CompanyCourt of Appeals for the Third Circuit · 1984
2 more not listed; retrieve them via the Exa API.
3Cited by10 opinions
- Enron Corporation v. Lawyers Title Insurance Corporation, Enron Corporation v. Lawyers Title Insurance CorporationCourt of Appeals for the Eighth Circuit · 1991
- Robert J. Bainville v. Hess Oil V.I. Corp. v. Standby Power Supplies, Inc., Third PartyCourt of Appeals for the Third Circuit · 1988
- General Star Indemnity Co. v. Virgin Islands Port AuthorityDistrict Court, Virgin Islands · 2008
- In Re Cooper Mfg. Corp.District Court, N.D. Oklahoma · 2001
- Besser Co. v. Paco Corp.District Court, M.D. Pennsylvania · 1987
5 more not listed; retrieve them via the Exa API.