Insurance company refusing to cover corporate policyholder
Mar 03, 2015OUTCOME: Achieved settlement with insurance company that provided payment of client's huge litigation defense costs as well as settlement of underlying lawsuit, and helped business client avoid financial disaster
Client corporation was sued by plaintiff business which claimed substantial lost income. Client's insurance company, however, refused to pay defense costs in the intensive litigation -- and the defens ... e costs were so large that they were creating chaos with client's finances.