Milazo v. Gulf Insurance

Opinion

CROSKEY, J.

In this case, a duplicitous partner seeks to obtain indemnification under a partnership liability policy for the damages caused to his innocent copartners by his misappropriation of a partnership opportunity.

We are presented with the appeal of the cross-defendant Gulf Insurance Company (Gulf) which challenges a summary judgment granted in favor of cross-complainant Michael P. Milazo (Milazo). That summary judgment was based upon the trial court’s determination that a partnership liability policy provided individual coverage for the wrongful acts of one of the partners.…