Legal Opinion
Genzyme Corp. v. Federal Insurance
District Court, D. Massachusetts
Decided September 28, 2009No. Civ. Action 08cv10988-NGPublishedCited by 2 opinions
1Opinion of the Court
MEMORANDUM AND ORDER RE: DEFENDANT’S MOTION TO DISMISS
GERTNER, District Judge.
I. INTRODUCTION
On September 22, 2002, Federal Insurance Company (“Federal”) issued a director and officer and corporate liability insurance policy (the “Executive Protection Policy”) to Genzyme Corporation (“Genzyme”). Genzyme claims that this policy covers losses it incurred in litigating and settling a shareholder class action. Federal disagrees, and has moved for the Court to dismiss Genzyme’s complaint, which seeks damages for Federal’s denial of coverage. For the reasons set forth below, the Court GRANTS…
2Cases cited25 opinions
- Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
- Bank of the West v. Superior CourtCalifornia Supreme Court · 1992
- Shaw v. Digital Equipment Corp.Court of Appeals for the First Circuit · 1996
- Clorox Co. Puerto Rico v. Proctor & Gamble Commercial Co.Court of Appeals for the First Circuit · 2000
- Hakim v. Massachusetts Insurers' Insolvency FundMassachusetts Supreme Judicial Court · 1997
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3Cited by2 opinions
- Genzyme Corp. v. Federal InsuranceCourt of Appeals for the First Circuit · 2010
- FINANCIAL RESOURCES NETWORK, INC. v. Brown & Brown, Inc.District Court, D. Massachusetts · 2010