11333 Inc. v. Certain Underwriters at Lloyd's

ORDER

Honorable Neil V. Wake, Senior United States District Judge

TABLE OF CONTENTS

I. FACTUAL BACKGROUND !.. 1008

•A. The Fund and the Avocet -Loan ...1008

B. HUB.,. 1009

C. The 08-09 E&O Policy’s Terms ...1010

D. The Claim ... 1012

E. This Action .. .1013

II. LEGAL STANDARDS ... 1013

A. Summary Judgment ... ,1013

*1008B. Breach of Contract ... 1014

C. Duty of Good Faith and Fair Dealing ...1015

D. Negligence .. .1015

E. Exclusion of Expert Witnesses ...1015

III. ANALYSIS ...1016

A. Claims Against Underwriters ...1016

1. Insurance Claims ... 1016

a. Mortgagee or Owner Interest ...1016

b. Investor’s Interest ... 1017