Gross v. Shearson Lehman Bros. Holdings, Inc.

OPINION

Shearson Lehman Brothers Holdings, Inc. (“Shearson”) appeals the district court’s entry of final judgment in favor of Alfred W. Gross, the deputy receiver of Fidelity Bankers Life Insurance Co., on Shearson’s claim for indemnity. Shearson also appeals the denial of its motion for attorneys’ fees and costs. Finding no error, we affirm.

I

We will briefly describe the interlocking business relationships among the related companies that figure in this case. We also describe other litigation that is central to Shearson’s indemnity claim.

A

First Capital Holdings, Inc. (“First Holdings”), the…