Court Denies Zurich’s Bid To Skirt Coverage Of Ponzi Suits

By Josh Liberatore (September 23, 2022, 8:06 PM EDT) — Pacific Premier Bank can continue seeking insurance coverage for underlying suits alleging it helped keep a Ponzi scheme afloat by offering ill-advised lines of credit, a California federal judge said Friday, rejecting a Zurich unit’s contention that a lending-acts exclusion relieves the insurer of its defense duties….

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Read more…

Leave a Reply

Your email address will not be published. Required fields are marked *