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LEON COSGROVE, LLC v. IRONSHORE INDEM., INC.

Index No. 656248/17. Appeal No. 13820. Case No. 2020-04727.

194 A.D.3d 484 (2021)

2021 NY Slip Op 02989

Leon Cosgrove, LLC, et al., Respondents, v. Ironshore Indemnity, Inc., Appellant.

Appellate Division of the Supreme Court of New York, First Department.

Decided May 11, 2021.

Attorney(s) appearing for the Case

Kaufman Dolowich & Voluck, LLP, New York ( Peter A. Stroili of counsel), for appellant.

Mitchell Silberberg & Knupp, LLP, New York ( Lindsay R. Edelstein and Jeffrey M. Movit of counsel), for respondents.

Concur—Gische, J.P., Kapnick, Oing, Singh, JJ.

Between 2016 and 2017, plaintiffs Leon Cosgrove, LLC (Cosgrove) and Mitchell, Silberberg & Knupp, LLP (MS&K) were hired by nonparty Ariel Quiros to represent him in proceedings alleging he engaged in fraud and operated a Ponzi scheme.

As pertinent to this appeal, in November 2016, defendant Ironshore Indemnity, Inc. (Ironshore) and Quiros unsuccessfully tried to mediate the directors and officers policy coverage issues. Quiros then commenced a declaratory...

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