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PARTNERSHIP UMBRELLA v. FEDERAL INS. CO.

Record No. 991876.

530 S.E.2d 154 (2000)

260 Va. 123

The PARTNERSHIP UMBRELLA, INC., et al. v. FEDERAL INSURANCE COMPANY.

Supreme Court of Virginia.

June 9, 2000.

Attorney(s) appearing for the Case

Raymond D. Battocchi (Vicki A. Paisley; Gabeler, Battocchi & Griggs, on briefs), McLean, for appellant.

Jonathan A. Constine (Hogan & Hartson, on brief), Washington, DC, for appellee.

Present: CARRICO, C.J., HASSELL, KEENAN, KOONTZ, KINSER and LEMONS, JJ., and POFF, Senior Justice.

KOONTZ, Justice.

This appeal concerns the disputed interpretation of the insuring clauses of an executive liability and indemnification policy. The insurance company instituted the litigation as a declaratory judgment action. The policy-owner counterclaimed for breach of contract. The parties stipulated that a determination by the trial court unfavorable to the policy-owner on two questions of law concerning the insuring clauses would result in an agreed dismissal...

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