Court Erred When It Applied New York Law To Excess Coverage Case, Investors Say

Mealey's (November 29, 2017, 11:00 AM EST) -- SAN FRANCISCO — A group of investor plaintiffs have asked the Ninth Circuit U.S. Court of Appeals to reverse a district court ruling and find that the lower court erred when it applied New York law to an insurance coverage dispute regarding the limits of excess coverage (Ruth Ann Wunderman-Cooper, et al. v. Certain Underwriters at Lloyd’s London, No. 15-56671, 9th Cir.)....