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Legal Opinion

IMO Industries, Inc. v. Anderson Kill & Olick, P.C.

New York Supreme Court

Decided July 31, 2002PublishedCited by 6 opinions

1Opinion of the Court

OPINION OF THE COURT

Jane S. Solomon, J.

This action for legal malpractice arises from a 1985 lawsuit by the Long Island Lighting Company (LILCO) against the corporate predecessor of plaintiff IMO Industries, Inc. (IMO) in the United States District Court for the Southern District of New York. LILCO alleged that the predecessor had sold it a defective electric power generator, and the suit resulted in a jury verdict and judgment against IMO for nearly $20 million. International Insurance Co. (International) provided second-layer insurance coverage for the predecessor with a limit of $10 million…

2Cases cited10 opinions

  1. Hickman v. TaylorSupreme Court of the United States · 1947
  2. Upjohn Co. v. United StatesSupreme Court of the United States · 1981
  3. Koump v. SmithNew York Court of Appeals · 1969
  4. Spectrum Systems International v. Chemical BankNew York Court of Appeals · 1991
  5. Johansen v. California State Automobile Ass'n Inter-Insurance BureauCalifornia Supreme Court · 1975

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3Cited by6 opinions

  1. Stenovich v. Wachtell, Lipton, Rosen & KatzNew York Supreme Court · 2003
  2. Windsor Securities, LLC v. Arent Fox LLPDistrict Court, S.D. New York · 2017
  3. Aurora Loan Services, Inc. v. Posner, Posner & Associates, P.C.District Court, S.D. New York · 2007
  4. Bank Brussels Lambert v. Credit Lyonnais (Suisse), S.A.District Court, S.D. New York · 2002
  5. Goldberg v. HirschbergNew York Supreme Court · 2005

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