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BIOCHEMICS, INC. v. AXIS REINSURANCE CO.

No. 17-2059.

924 F.3d 633 (2019)

BIOCHEMICS, INC.; John Masiz, Plaintiffs, Appellants, v. AXIS REINSURANCE COMPANY, Defendant, Appellee. John P. Raucci; Brown & Brown of New York, Inc., Defendants.

United States Court of Appeals, First Circuit.

May 23, 2019.

Attorney(s) appearing for the Case

Steven L. Schreckinger , Boston, MA, with whom Anderson & Kreiger LLP were on brief, for appellants.

Melinda B. Margolies , with whom Kaufman Borgeest & Ryan LLP, Valhalla, NY, William A. Schneider , and Morrison Mahoney LLP, Boston, MA, were on brief, for appellee.

Before Thompson, Kayatta, and Barron, Circuit Judges.

This appeal concerns a 2013 suit that BioChemics, Inc. ("BioChemics"), a pharmaceutical company based in Massachusetts, and John Masiz ("Masiz"), its president and chief executive officer, brought in the District of Massachusetts to enforce a directors and officers ("D&O") insurance policy (the "Policy") with AXIS Reinsurance...

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