Enserch Corp. v. Shand Morahan & Co.

WISDOM, Circuit Judge:

This is an insurance coverage case of great financial magnitude and complexity. Both sides appeal legal decisions made during a long trial, aspects of the jury verdict, and a final judgment and judgment notwithstanding the verdict entered and certified for appeal by the trial court. We AFFIRM some decisions of the trial court, REVERSE others, and REMAND, primarily to allow the parties to show how much of the alleged damages are covered by the insurance policies.

I. Background

The insured parties, the plaintiffs-appel-lees/cross-appellants, are Enserch Corporation…