Legal Opinion
Marcus v. Allied World Ins. Co.
District Court, D. Maine
Decided April 23, 2019No. Civil No. 2:18-cv-253-DBHPublishedCited by 2 opinions
1Opinion of the Court
D. Brock Hornby, United States District Judge
This litigation concerns the scope of an insurer's duty to defend a lawyer and his law firm in two lawsuits. The underlying lawsuits are an SEC enforcement action against the lawyer and several other defendants for violating federal securities laws, and a private class action against the lawyer and his law firm in which investors seek damages. The primary issues involve interpretation of a lawyers' professional liability (LPL) policy-specifically, whether the SEC's requested disgorgement from the lawyer is a covered claim under the policy; whether…
2Cases cited15 opinions
- Kokesh v. Sec. & Exch. Comm'nSupreme Court of the United States · 2017
- Patrons-Oxford Mutual Insurance v. DodgeSupreme Judicial Court of Maine · 1981
- Wellcome v. Home InsuranceMontana Supreme Court · 1993
- Gibson v. Farm Family Mutual InsuranceSupreme Judicial Court of Maine · 1996
- Securities & Exchange Commission v. WhittemoreCourt of Appeals for the D.C. Circuit · 2011
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3Cited by2 opinions
- CLARENCE SPURLING v. WESTPORT INSURANCE CORPORATIONDistrict Court, D. Maine · 2021
- Fair Isaac Corporation v. Certain Underwriters at Lloyd's, London Subscribing to Beazley AFB Media Tech Policy Number W100FC171201, Syndicates 2623 and 623District Court, D. Minnesota · 2022