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BIOCHEMICS, INC. v. AXIS REINSURANCE CO.

Civil Action No. 13-10691-RWZ.

277 F.Supp.3d 251 (2017)

BIOCHEMICS, INC., and John Masiz v. AXIS REINSURANCE COMPANY, Brown & Brown of New York, Inc., and John P. Raucci.

United States District Court, D. Massachusetts.

Signed September 28, 2017.

Editors Note
Applicable Law: 28 U.S.C. § 1441
Cause: 28 U.S.C. § 1441 Petition for Removal - Insurance Contract
Nature of Suit: 110 Insurance
Source: PACER

Attorney(s) appearing for the Case

Steven L. Schreckinger , Anne Robbins , Anderson & Kreiger, LLP, Boston, MA, Jane M. Guevremont , Anderson & Kreiger LLP, Cambridge, MA, Keith L. Sachs , Orestes G. Brown , Metaxas Brown Pidgeon LLP, Beverly, MA, for BioChemics, Inc., and John Masiz.

Joan M. Gilbride , Pro Hac Vice, Kaufman Borgeest & Ryan LLP, New York, NY, William A. Schneider , Morrison Mahoney LLP, Michael R. Perry , Jacob J. Struck , Manion Gaynor & Manning LLP, Boston, MA, Melinda B. Margolies , Kaufman Borgeest & Ryan LLP, Valhalla, NY, for AXIS Reinsurance Company, Brown & Brown of New York, Inc., and John P. Raucci.

MEMORANDUM OF DECISION

In 2011, the Securities and Exchange Commission ("SEC") issued a formal order directing an investigation of plaintiffs BioChemics, Inc. ("BioChemics"), and its founder John Masiz. BioChemics made a claim under its directors and officers ("D & O") liability insurance policy for defense costs arising...

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