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CERTAIN UNDERWRITERS AT LLOYD'S v. BOEING CO.

No. 1-07-1667.

895 N.E.2d 940 (2008)

CERTAIN UNDERWRITERS AT LLOYD'S, LONDON, Certain London Market Insurance Companies, Plaintiffs-Appellants, v. The BOEING COMPANY and Astro Limited, Defendants-Appellees.

Appellate Court of Illinois, First District, Third Division.

Rehearing Denied October 23, 2008.

Attorney(s) appearing for the Case

Locke, Lord, Bissell & Liddell LLP, of Chicago (Gary W. Westerberg, Ann C. Taylor and Matthew J. Kalas, of counsel), for Appellants.

Kirkland & Ellis LLP, of Chicago (Michael P. Foradas, Nader R. Boulos and William T. Pruitt, of counsel), for Appellees.

Presiding Justice QUINN delivered the opinion of the court:

Plaintiffs Certain Underwriters at Lloyd's, London, and Certain London Market Insurance Companies1 sought a judicial declaration of their obligations under reinsurance and direct insurance contracts involving defendant Astro Limited (Astro), serving as both the reinsured and direct, captive insurer, and defendant Boeing Company (Boeing), the direct insured. The circuit court of...

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