DENC, LLC v. Philadelphia Indemnity Insuran

USCA4 Appeal: 20-1644 Doc: 47 Filed: 04/18/2022 Pg: 1 of 35 PUBLISHED UNITED STATES COURT OF APPEALS FOR THE FOURTH CIRCUIT No. 20-1640 DENC, LLC, Plaintiff − Appellee, v. PHILADELPHIA INDEMNITY INSURANCE COMPANY, Defendant – Appellant, and TOKIO MARINE NORTH AMERICA, INC., d/b/a Philadelphia Insurance Companies, Inc., Defendant. No. 20-1644 DENC, LLC, Plaintiff − Appellant, v. PHILADELPHIA INDEMNITY INSURANCE COMPANY, Defendant – Appellee, and USCA4 Appeal: 20-1644 Doc: 47 Filed: 04/18/2022 Pg: 2 of 35 TOKIO MARINE NORTH AMERICA, INC., d/b/a Philadelphia Insurance Companies, Inc., Defendant.…