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ROUSE CO. v. FEDERAL INS. CO.

Civil No. Y-96-3335.

991 F.Supp. 460 (1998)

THE ROUSE COMPANY, et al. v. FEDERAL INSURANCE COMPANY.

United States District Court, D. Maryland.

January 14, 1998.

Attorney(s) appearing for the Case

Jay I. Morstein, Kathleen A. Ellis, Baltimore, MD, for Plaintiffs.

E. Charles Dann, Jr., Stephen E. Marshall, Baltimore, MD, for Defendant.

MEMORANDUM OPINION

JOSEPH H. YOUNG, Senior District Judge.

I.

The Rouse Company and Rouse-New Orleans, Inc., a subsidiary of The Rouse Company (collectively, "Rouse") bring this diversity action against Federal Insurance Company ("Federal") seeking a declaratory judgment that Rouse was covered under an executive and corporate liability insurance policy issued by Federal for losses suffered from a multi-million dollar verdict against

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