RELIANCE GROUP v. NATL. UNION


188 A.D.2d 47 (1993)

Reliance Group Holdings, Inc., et al., Respondents-Appellants, v. National Union Fire Insurance Company of Pittsburgh, Pa., et al., Appellants-Respondents

Appellate Division of the Supreme Court of the State of New York, First Department.

March 2, 1993


Attorney(s) appearing for the Case

Eric J. Lobenfeld of counsel (Gregory P. Candela with him on the brief; Eric J. Lobenfeld and Andrew B. Donnellan, Jr., attorneys), for respondents-appellants.

Robert E. Kushner of counsel (Kenneth A. Sagat, Andrew R. Simmonds and Jeffrey J. Diecidue with him on the brief; D'Amato & Lynch, attorneys), for National Union Fire Insurance Company of Pittsburgh, Pa., appellant-respondent.

Michael L. Anania of counsel (Victor G. Gleser, Patrick J. Sullivan and Raquel S. Colby with him on the brief; Ford Marrin Esposito Witmeyer & Gleser, attorneys), for Continental Casualty Company, appellant-respondent.

SULLIVAN, J. P., and WALLACH, J., concur with CARRO, J.; MILONAS and KUPFERMAN, JJ., dissent in part in an opinion by MILONAS, J.


CARRO, J.

Plaintiff Saul Steinberg is a director and the CEO of plaintiff Reliance Group Holdings, Inc., and together with his family members owns 100% of Reliance's stock. In 1982, Reliance obtained directors and officers (D&O) liability and indemnity insurance under three separate policies — a primary policy issued by defendant National Union insuring losses to Reliance of up to $20 million arising...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases