The FEDERAL DEPOSIT INSURANCE CORPORATION, in its Corporate Capacity
v.
Marvin L. CAPLAN, et al.
United States District Court, W.D. Louisiana, Alexandria Division.https://leagle.com/images/logo.png
December 3, 1993.
December 3, 1993.
Attorney(s) appearing for the Case
John A. Broadwell, U.S. Atty.'s Office, Shreveport, LA, J. Christopher Kohn, David S. Klontz, U.S. Dept. of Justice, Washington, DC, for plaintiff.
Richard L. McGimsey, Steffes & MacMurdo, Baton Rouge, LA, William B. Owens, Crowell & Owens, Alexandria, LA, for Marvin L. Caplan, John F. Marzullo, Paul Price, Darrel V. Willet, Sr.
Richard L. McGimsey, Steffes & MacMurdo, Baton Rouge, LA, for Claude Davis, Jr.
William H. Delaunay, Jr., H. Brenner Sadler, Stephen D. Wheelis, Provosty Sadler et al, Alexandria, LA, for Ralph W. Graham, A.A. Kelley, Jr., John F. Marzullo.
Charles S. Weems, III, Gold Weems et al, Alexandria, LA, for Louis Joseph, Jr., and Stafford G. Kees Succession, Sr.
Wade N. Kelly, William J. Mize, Mary Louise Fullington, Carmouche Law Firm, Lake Charles, LA, for Ragan K. Nelson.
Richard L. McGimsey, Steffes & MacMurdo, Baton Rouge, LA, Steven E. Adams, McCollister & McCleary, Baton Rouge, LA, William B. Owens, Crowell & Owens, Alexandria, LA, for Curt H. Smith, Robert B. Tudor, Jr.
Eugene R. Preaus, Kyrstil B. Cook, Preaus Roddy & Krebs, New Orleans, LA, for Fidelity & Deposit Co. of Maryland.
Wade N. Kelly, William J. Mize, Mary Louise Fullington, Carmouche Law Firm, Lake Charles, LA, for Ragan K. Nelson.
Eugene R. Preaus, Preaus Roddy & Krebs, New Orleans, LA, for Fidelity & Deposit Co. of Maryland.
United States District Court, W.D. Louisiana, Alexandria Division.
RULING
LITTLE, District Judge.
The issues before the court on this motion and cross-motion for summary judgment concern the requirement of notice under a claims-made directors and officers' liability insurance policy ("D & O policy"). The movant insurance company, Fidelity and Deposit Company of Maryland ("F & D"), asserts that the insured directors and officers failed to comply with the notice requirement of the D & O policy. Therefore...
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