3rd Circuit Affirms Dismissal Of Coverage Dispute Over Stolen Trade Secret Claims

(January 22, 2019, 11:48 AM EST) -- PHILADELPHIA — The Third Circuit U.S. Court of Appeals on Jan. 16 affirmed a lower federal court’s dismissal of an insured's declaratory judgment lawsuit seeking coverage for underlying claims that it stole a competitor's employees and trade secrets to develop and sell competing products (Tela Bio, Inc., et al. v. Federal Insurance Company, No. 18-1717, 3rd Cir., 2019 U.S. App. LEXIS 1399)....