Thabault v. Chait Ex Rel. Estate of Chait
Court of Appeals for the Third Circuit
1Opinion of the Court
OPINION OF THE COURT
FUENTES, Circuit Judge.
For over 20 years, the Insurance Commissioner for the State of Vermont (the “Commissioner”) has served as receiver of Ambassador Insurance Company (“Ambassador” or “the company”) and sought to recover damages for claims paid on insurance policies following the company’s downward spiral and ultimate collapse. 1 In 1985, the Commissioner brought a professional malpractice claim against Coopers & Lybrand (“Coopers”), on behalf of the company, alleging that Coopers failed to disclose the insolvency of Ambassador following their 1981 and 1982 audit and…
2Cases cited31 opinions
- Erie Railroad v. TompkinsSupreme Court of the United States · 1938
- Klaxon Co. v. Stentor Electric Manufacturing Co.Supreme Court of the United States · 1941
- Board of Comm'rs of Jackson Cty. v. United StatesSupreme Court of the United States · 1939
- Rappaport v. NicholsSupreme Court of New Jersey · 1959
- Official Committee of Unsecured Creditors v. R.F. Lafferty & Co., Inc. Cogen Sklar, L.L.PCourt of Appeals for the Third Circuit · 2001
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- Power Integrations, Inc. v. Fairchild Semiconductor International, Inc.Court of Appeals for the Federal Circuit · 2013
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