Legal Opinion
W Holding Company, Inc. v. AIG Insurance Company - Puerto
Court of Appeals for the First Circuit
Decided March 31, 2014No. 12-2008PublishedCited by 42 opinions
1Opinion of the Court
THOMPSON, Circuit Judge.
PREFACE
In today’s case (more procedurally complicated than substantively complex), a district judge issued an order requiring Char-tis Insurance Company to advance defense costs to former directors and officers of Westernbank of Puerto Rico, who find themselves in the cross-hairs of the Federal Deposit Insurance Corporation (“FDIC,” for easy reading). 1 Chartis ap peals. And after confirming our jurisdiction, we affirm.
HOW THE CASE GOT HERE
Westernbank’s run as one of Puerto Rico’s leading banks came to an end in the late 2000s when local regulators ordered it closed…
2Cases cited28 opinions
- University of Texas v. CamenischSupreme Court of the United States · 1981
- Ross-Simons of Warwick, Inc. v. Baccarat, Inc.Court of Appeals for the First Circuit · 1996
- Narragansett Indian Tribe v. Paul E. GuilbertCourt of Appeals for the First Circuit · 1991
- Daniel J. GATELY, Et Al., Plaintiffs, Appellees, v. COMMONWEALTH OF MASSACHUSETTS, Et Al., Defendants, AppellantsCourt of Appeals for the First Circuit · 1993
- Corporate Technologies, Inc. v. HarnettCourt of Appeals for the First Circuit · 2013
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3Cited by42 opinions
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- Harris v. WallDistrict Court, D. Rhode Island · 2016
- Ubs Fin. Servs., Inc. of Puerto Rico v. XL Specialty Ins. Co.Court of Appeals for the First Circuit · 2019
- MICHAEL ABBOUD VS. NATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURGH, PA(L-680-14, MONMOUTH COUNTY AND STATEWIDE)New Jersey Superior Court Appellate Division · 2017
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