Legal Opinion
Biochemics, Inc. v. Axis Reinsurance Co.
District Court, D. Massachusetts
Decided January 6, 2015No. Civil Action No. 13-10691-RWZPublishedCited by 2 opinions
1Opinion of the Court
MEMORANDUM OF DECISION.
ZOBEL, District Judge.
Plaintiffs BioChemics, Inc., and John Masiz sued defendant Axis Reinsurance Company1 (“AXIS”) for defense costs arising out of a Securities and Exchange Commission (“SEC”) investigation and enforcement action under their directors and officers (“D & 0”) liability insurance policy. Plaintiffs moved for partial summary judgment, and defendants have cross-moved for summary judgment.
I. Facts
BioChemics is a specialty pharmaceutical company focused on transdermal drug delivery systems including medicated lo*406tions. Masiz is BioChemics’s president and chief…
2Cases cited4 opinions
- Tolan v. CottonSupreme Court of the United States · 2014
- Essex Insurance v. Bloomsouth Flooring Corp.Court of Appeals for the First Circuit · 2009
- Financial Resources Network, Inc. v. Brown & Brown, Inc.District Court, D. Massachusetts · 2012
- New England Environmental Technologies v. American Safety Risk Retention Group, Inc.District Court, D. Massachusetts · 2010
3Cited by2 opinions
- Biochemics, Inc. v. Axis Reinsurance CompanyCourt of Appeals for the First Circuit · 2019
- Jalbert v. The Zurich Services CorporationDistrict Court, D. Massachusetts · 2018