J.P. Morgan Securities Inc. v. Vigilant Insurance
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
OPINION OF THE COURT
Mazzarelli, J.P.
In 2000, defendant Vigilant Insurance Company issued a professional liability insurance policy to plaintiff Bear Stearns, and the other defendants issued “follow-the-form” excess policies, which required them to indemnify Bear Stearns for all losses it became “legally obligated to pay as a result of any Claim . . . for any Wrongful Act” on its part. 1 The policy broadly defined “loss” to include “compensatory damages,” “judgments,” and “settlements,” while “claim” was expressly defined to include investigations by the Securities and Exchange Commission…
2Cases cited13 opinions
- Continental Casualty Co. v. Rapid-American Corp.New York Court of Appeals · 1993
- Belt Painting Corp. v. TIG InsuranceNew York Court of Appeals · 2003
- J.P. Morgan Securities Inc. v. Vigilant InsuranceNew York Court of Appeals · 2013
- Westview Associates v. Guaranty National InsuranceNew York Court of Appeals · 2000
- In Re Mutual Funds Investment LitigationDistrict Court, D. Maryland · 2005
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3Cited by15 opinions
- Lend Lease (US) Construction LMB Inc. v. Zurich American InsuranceAppellate Division of the Supreme Court of the State of New York · 2015
- J.P. Morgan Securities Inc. v. Vigilant Insurance Co.New York Supreme Court · 2017
- National Union Fire Insurance v. TransCanada Energy USA, Inc.New York Supreme Court · 2016
- Soni v. PryorAppellate Division of the Supreme Court of the State of New York · 2016
- Structure Tone, Inc. v. National Casualty Co.Appellate Division of the Supreme Court of the State of New York · 2015
10 more not listed; retrieve them via the Exa API.