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EXECUTIVE RISK INDEMNITY, INC. v. JONES

No. A119005.

171 Cal.App.4th 319 (2009)

EXECUTIVE RISK INDEMNITY, INC., Plaintiff and Respondent, v. REESE M. JONES, Defendant and Appellant.

Court of Appeals of California, First District, Division Four.

February 20, 2009.

Attorney(s) appearing for the Case

Howard Rice Nemerovski Canady Falk & Rabkin, Denis T. Rice, Jerome B. Falk, Jr., John Eichhorst; Lukens Law Group, William M. Lukens, Jennifer L. Jonak and Louis H. Pugh for Defendant and Appellant.

Stanzler Funderburk & Castellon and Jordan S. Stanzler as Amicus Curiae on behalf of Defendant and Appellant.

Archer Norris, H. Paul Breslin and Sean D. White for Plaintiff and Respondent.

OPINION

RUVOLO, P. J.—

I. INTRODUCTION

Respondent Executive Risk Indemnity, Inc. (ERII), issued a $10 million insurance policy to STARS Holding Company, Inc. (STARS, formerly known as myCFO, Inc.), providing coverage for claims arising from investment advice and financial planning services. Appellant Reese M. Jones (Jones), a former client of STARS, brought an arbitration proceeding against...

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