Burke v. Ripp

HENDERSON, Circuit Judge:

This appeal is from a judgment of the United States District Court for the Southern District of Florida granting summary *355judgment to the appellee, Reynolds Securities, Inc., on its crossclaim for indemnification against the appellant, Lawrence H. Ripp, for amounts the appellee paid in settlement of a suit against it. The sole issue before us is whether, under the particular facts of this case, the appellee is required to establish actual or merely potential liability to the original plaintiffs in order to recover.1 Our analysis of the relevant facts and law leads us…