J.P. Morgan Securities Inc. v. Vigilant Insurance Co.
New York Supreme Court
1Opinion of the Court
OPINION OF THE COURT
Charles E. Ramos, J.
In this insurance coverage action, plaintiffs1 seek a declaration that their insurers are required to indemnify them for claims stemming from Bear Stearns’ monetary settlement of Securities and Exchange Commission (SEC) and New York Stock Exchange (NYSE) regulatory proceedings and related private litigation predicated on allegations that Bear Stearns facilitated its customers’ deceptive market timing and late trading activities.
In motion sequence 17, Bear Stearns moves, pursuant to CPLR 3212, for an order granting partial summary judgment in its favor…
2Cases cited10 opinions
- Thrasher v. United States Liability InsuranceNew York Court of Appeals · 1967
- J.P. Morgan Securities Inc. v. Vigilant InsuranceNew York Court of Appeals · 2013
- In re the Arbitration between Vanguard Insurance & PolchlopekNew York Court of Appeals · 1966
- Isadore Rosen & Sons, Inc. v. Security Mutual InsuranceNew York Court of Appeals · 1972
- Park Place Entertainment Corp. v. Transcontinental InsuranceDistrict Court, S.D. New York · 2002
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3Cited by4 opinions
- J.P. Morgan Securities Inc. v. Vigilant Insurance Co.New York Supreme Court · 2017
- Greater N.Y. Mut. Ins. Co. v. Utica First Ins. Co.Appellate Division of the Supreme Court of the State of New York · 2019
- J.P. Morgan Sec. Inc. v. Vigilant Ins. Co.New York Supreme Court · 2017
- The Roman Catholic Diocese of Rockville Centre, New York v. Arrowood Indemnity CompanyDistrict Court, S.D. New York · 2022