Nordstrom, Inc. v. Chubb & Son, Inc.
Court of Appeals for the Ninth Circuit
1Opinion of the Court
D.W. NELSON, Circuit Judge:
Federal Insurance Company and its managing agent, Chubb & Son, Inc., (collectively, “Federal”) appeal the district court’s grant of summary judgment in favor of Nordstrom, Inc. (“Nordstrom”) in an insurance coverage dispute. In 1990, various groups of Nord-strom shareholders brought class action suits alleging securities fraud against Nordstrom and its directors and officers. These suits were consolidated, and the parties eventually reached a $7.5 million settlement. Federal, which had issued Nordstrom a policy covering “all loss” stemming from the wrongful acts of…
2Cases cited38 opinions
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- Jeanette Jesinger v. Nevada Federal Credit Union, a Federally-Chartered Credit Union Robert W. FleischmanCourt of Appeals for the Ninth Circuit · 1994
- Olympic Steamship Co., Inc. v. Centennial Ins. Co.Washington Supreme Court · 1991
- Fed. Sec. L. Rep. P 95,887 Sundstrand Corporation v. Sun Chemical CorporationCourt of Appeals for the Seventh Circuit · 1977
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