Abelson v. National Union Fire Insurance
California Court of Appeal
1Opinion of the Court
Opinion
ANDERSON, P. J.
I. Introduction
A. Background
This is an appeal and cross-appeal from the second multimillion dollar judgment rendered in bad faith actions brought by investors in Technical Equities Corporation (Technical Equities) against National Union, 1 the company’s primary insurance carrier. Respondents and cross-appellants herein are the plaintiff-investors in what has become known as the Abelson actions (hereafter, plaintiffs or Abelson plaintiffs).
Technical Equities was a diversified financial services company which offered an array of investment services. Following its financial…
2Cases cited14 opinions
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- Chatton v. National Union Fire InsuranceCalifornia Court of Appeal · 1992
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