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MITCHELL, GREEN, PINO & MEDARIS v. UNDERWRITERS

No. 87-7619.

858 F.2d 702 (1988)

MITCHELL, GREEN, PINO & MEDARIS, P.C.; John Medaris, Plaintiffs-Appellees, v. UNDERWRITERS AT LLOYD'S OF LONDON, Lloyd's of London, Inc., Defendants, Bankers Insurance Service Corporation, Stephen James Burnhope, Excess Insurance Company, Ltd., and English and American Insurance Company, Ltd., Defendants-Appellants.

United States Court of Appeals, Eleventh Circuit.

October 26, 1988.

Attorney(s) appearing for the Case

Stephen A. Rowe, Lange, Simpson, Robinson & Somerville, Birmingham, Ala., for defendants-appellants

Stephen D. Heninger, Hare, Wynn, Newell & Newton, Birmingham, Ala., for plaintiffs-appellees.

Before KRAVITCH and CLARK, Circuit Judges, and NICHOLS, Senior Circuit Judge.

CLARK, Circuit Judge:

Stephen James Burnhope, Excess Insurance Co., Ltd., English and American Insurance Co., and Bankers Insurance Service Corporation1 appeal from a $40,000 judgment against them on an indemnity bond they issued to Leedy Mortgage Company ("Leedy"). The bond indemnified Leedy for any amounts not exceeding $5000 (per director) that Leedy might pay to reimburse its directors for attorneys' fees the directors might incur...

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