J.P. MORGAN INC. v. VIGILANT INS

Docket No. 600979/09.

57 Misc.3d 171 (2017)

2017 NY Slip Op 30769(U)

51 N.Y.S.3d 369

J.P. MORGAN SECURITIES INC. et al., Plaintiffs, v. VIGILANT INSURANCE COMPANY et al., Defendants.

Supreme Court, New York County.

Decided April 17, 2017.


Attorney(s) appearing for the Case

D'Amato & Lynch, LLP ( Luke Lynch of counsel) for National Union Fire Insurance Company of Pittsburgh, P.A., defendant.

DLA Piper LLP ( Joseph Finnerty of counsel) for Vigilant Insurance Company and another, defendants.

Drinker Biddle & Reath LLP ( David Abernethy of counsel) for Travelers Indemnity Company, defendant.

Kaufman Borgeest & Ryan LLP ( Scott Schechter of counsel) for Liberty Mutual Insurance Company, defendant.

Clyde & Co. US LLP ( Edward Kirk of counsel) for Certain Underwriters at Lloyd's, London, defendant.

BatesCarey LLP ( Kristi Nolley of counsel) for American Alternative Insurance Corporation, defendant.

Proskauer Rose LLP ( Steven Obus of counsel) for plaintiffs.


OPINION OF THE COURT

In this insurance coverage action, plaintiffs1 (together, plaintiffs) seek a declaration that its insurers are required to indemnify it for claims stemming from Bear Stearns' monetary settlement of Securities and Exchange Commission (SEC) and New York Stock Exchange...

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