Legal Opinion
Owens Corning v. National Union Fire Insurance Co. Of Pittsburgh, Pennsylvania
Court of Appeals for the Sixth Circuit
Decided July 5, 2001No. 99-4275PublishedCited by 58 opinions
1Opinion of the Court
OPINION
BOGGS, Circuit Judge.
In this diversity action seeking declaratory judgment, Owens Corning, a corporation organized under the laws of Delaware, seeks to recover on its insurance contract with National Union Insurance (“National Union”), which has denied payment to compensate Owens Corning for indemnifying its directors and officers, who paid a substantial amount to settle a 1991 shareholder class action. Ohio law governs the contract, although we look to the corporate law of Delaware for the standards governing indemnification. Following a decision by this court in Owens Coming’s favor…
2Cases cited18 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Matsushita Electric Industrial Co., Ltd. v. Zenith Radio CorporationSupreme Court of the United States · 1986
- Erie Railroad v. TompkinsSupreme Court of the United States · 1938
- Fed. Sec. L. Rep. P 94,768 Phil A. Street and Clyde H. Street v. J.C. Bradford & CompanyCourt of Appeals for the Sixth Circuit · 1990
- Connie M. Miller v. Metropolitan Life Insurance CompanyCourt of Appeals for the Sixth Circuit · 1991
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3Cited by58 opinions
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- Kellena Cornist and David Jones v. B.J.T. Auto Sales, Inc. B.J.T. Finance, Inc. James Hadley Bill R. Hatcher Thomas TepeCourt of Appeals for the Sixth Circuit · 2001
- Howard H. Kessler Jacqueline A. Kessler v. Visteon Corporation, a Delaware CorporationCourt of Appeals for the Sixth Circuit · 2006
- Roberts v. Oliver (In Re Oliver)United States Bankruptcy Court, E.D. Tennessee · 2009
- WebMD Practice Services, Inc. v. Sedlacek (In Re Sedlacek)United States Bankruptcy Court, E.D. Tennessee · 2005
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