Legal Opinion
Beazley Insurance Co. v. ACE American Insurance Co.
District Court, S.D. New York
Decided July 12, 2016No. 15-cv-5119 ( JSR)PublishedCited by 9 opinions
1Opinion of the Court
OPINION AND ORDER
JED S. RAKOFF, United States District Judge.
This dispute between three insurers of NASDAQ arises from a class action suit (the “Facebook Class Action”) that retail investors in Facebook brought against NASDAQ in the aftermath of Facebook’s troubled initial public offering on the NASDAQ stock exchange. While plaintiff Beazley Insurance Company, Inc. (“Beaz-ley”) agreed to contribute its full limit of liability to NASDAQ’s settlement of the Facebook Class Action, defendants ACE American Insurance Company (“ACE”) and Illinois National Insurance Company (“INIC”) disclaimed…
2Cases cited34 opinions
- Seaboard Surety Co. v. Gillette Co.New York Court of Appeals · 1984
- Erica P. John Fund, Inc. v. Halliburton Co.Supreme Court of the United States · 2011
- International Multifoods Corporation v. Commercial Union Insurance Co.Court of Appeals for the Second Circuit · 2002
- Hugo Boss Fashions, Inc. & Hugo Boss Usa, Inc., Plaintiffs-Appellees-Cross-Appellants v. Federal Insurance Company, Defendant-Appellant-Cross-AppelleeCourt of Appeals for the Second Circuit · 2001
- Federal Insurance v. American Home Assurance Co.Court of Appeals for the Second Circuit · 2011
29 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- Beazley Insurance Co. v. ACE American Insurance Co.Court of Appeals for the Second Circuit · 2018
- Adelphia Communications Corporation v. U.S. Specialty Insurance CompanyUnited States Bankruptcy Court, S.D. New York · 2022
- Beazley Insurance Co. v. Ace American Insurance Co.Court of Appeals for the Second Circuit · 2018
- Connecticut Municipal Electric Energy Cooperative v. National Union Fire Insurance Company of Pittsburgh, PADistrict Court, D. Connecticut · 2021
- Global Reinsurance Corporation of America v. Century Indemnity CompanyDistrict Court, S.D. New York · 2020
4 more not listed; retrieve them via the Exa API.