RICHARD S. ARNOLD, Circuit Judge.
In 1991, Popkin & Stern was a troubled law firm, losing both clients and partners. The firm has since ceased doing business and sought bankruptcy protection. The question presented in this case is whether, and to what extent, the law firm's professional liability insurance carrier, Old Republic Insurance Company, is liable for a claim made against Popkin & Stern in October of 1991. Old Republic argues that it is not liable...
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