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COOPER INDUS. v. NAT'L UNION FIRE INS OF PITTS.

No. 16-20539.

876 F.3d 119 (2017)

COOPER INDUSTRIES, LIMITED; Cooper US, Incorporated, Plaintiffs-Appellants Cross-Appellees v. NATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURGH, PENNSYLVANIA, Defendant-Appellee Cross-Appellant.

United States Court of Appeals, Fifth Circuit.

Filed November 20, 2017.

Attorney(s) appearing for the Case

Louis A. Chaiten , Mark J. Andreini, Esq. , Trial Attorney, Jones Day, Cleveland, OH, Gregory G. Katsas , Falls Church, VA, Gregory Ryan Snyder , Jones Day, Columbus, OH, William R. Taylor , Jones Day, Houston, TX, for Plaintiffs-Appellants Cross-Appellees.

Michael Russell Davisson, Esq. , Cozen O'Connor, P.C., Los Angeles, CA, Douglas J. Collodel, Esq. , Sedgwick, L.L.P., Los Angeles, CA, William Neil Rambin , Sedgwick, L.L.P., Dallas, TX, for Defendant-Appellee Cross-Appellant.

Before STEWART, Chief Judge, and KING and JONES, Circuit Judges.

Cooper Industries, Ltd., invested its pension-plan assets in what turned out to be a Ponzi scheme. It submitted a claim under a commercial-crime insurance policy underwritten by National Union Fire Insurance Company. National Union denied the claim, and Cooper sued. Both parties eventually moved for summary judgment. The district...

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