Legal Opinion
Kiewit Diversified Group Inc. v. Federal Insurance
District Court, N.D. Illinois
Decided March 31, 1998No. 96 C 5346PublishedCited by 2 opinions
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
LINDBERG, District Judge.
This diversity action results from a previous lawsuit filed against plaintiff, Kiewit Di versified Group Inc. (Kiewit), its subsidiary MFS Communications Co., and one of its directors for violation of securities laws, fraud and breach of fiduciary duty. That lawsuit concluded when Kiewit agreed to pay an $11.8 million settlement. Kiewit now seeks reimbursement under its two directors and officers liability insurance policies for the costs of settlement and legal defense in that underlying case, which together amount to at least $14 million.…
2Cases cited20 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Klaxon Co. v. Stentor Electric Manufacturing Co.Supreme Court of the United States · 1941
- Lapham-Hickey Steel Corp. v. Protection Mutual InsuranceIllinois Supreme Court · 1995
- Jeffrey T. Palmer v. Beverly Enterprises, a California CorporationCourt of Appeals for the Seventh Circuit · 1987
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3Cited by2 opinions
- Cohn v. NelsonDistrict Court, E.D. Missouri · 2005
- Franklin Holding Corp. (Delaware) v. National Union Fire Insurance Co. of Pittsburgh, Pa.Appellate Division of the Supreme Court of the State of New York · 1999