Federal Insurance Co., Plaintiff-Counter v. Sudhir Srivastava, M.D., Defendants-Counter Claimants-Appellants

PATRICK E. HIGGINBOTHAM, Circuit Judge:

This case involves the efforts of insureds and judgment creditors to allocate excess coverage to bridge the failure of carriers with intervening coverages to reach a solvent, but higher level, insurer — all after the entry of a large judgment against the insured. In a previous lawsuit, Dr. Sudhir Srivastava won a $31.6 million judgment against Harte-Hanks Television, Inc., and Harte-Hanks Communications, Inc. Those parties, co-appellants here, reached an accord among themselves and some insurers of Harte-Hanks. Federal Insurance Co., the final excess…