National Wrecking Company v. St. Paul Surplus Lines Insurance Company

ESCHBACH, Senior Circuit Judge.

In a diversity suit pursuant to 28 U.S.C. § 1332(a), National Wrecking Company (“National”), an Illinois corporation, sued St. Paul Surplus Lines Insurance Company (“St. Paul”), a Minnesota corporation, for breach of contract. National sought reimbursement of $200,984.00 for legal expenses it incurred defending a claim which it ultimately settled for $1 million. St. Paul, National’s insurer, paid the entire $1-million settlement and filed a counterclaim for the amount it overpaid. Both parties moved for summary judgment. The district court ruled for St. Paul and…