BOOCHEVER, Circuit Judge:
FACTUAL BACKGROUND
In 1981, the fishing vessel, F/V St. Patrick, foundered near Kodiak Island. The two survivors and the estates of the ten deceased crewmembers ("plaintiffs") sued the owners of the vessel ("defendants"). The defendants were insured by a $500,000 protection and indemnity policy issued by the Home Indemnity Company ("Home"). Home hired Lane Powell Moss and Miller ("Lane Powell") to defend its insureds against...
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