Wednesday, August 10, 2011

Fitfth Circuit - Stephen Gabarick v. Laurin Maritime (America), Inc

Stephen Gabarick v. Laurin Maritime (America), Inc

Interlocutory appeal as to whether costs of defense should erode indemnification policy limits, consolidated with a subsequent 54(b) order on the issue by the district court.  Held: that the allocation of interpleader funds by the court (the decision whether the liability was decreased or not) is insufficiently final for review.   (Insurer had duty to reimburse defense costs, but no duty to defend.)

Policy clearly states that defense costs come from the kitty.  Plan provision suggesting otherwise (collision provision) is severable, and therefore independent of the rest, intent-wise.


NB - two separate files posted on the court's site - unsure which controls.  Copy 2:
Stephen Gabarick v. Laurin Maritime (America), Inc

Compiled by D.E. Frydrychowski, who is, not incidentally, not giving you legal advice.

Category tags above are sporadically maintained Do not rely. Do not rely. Do not rely.

Author's SSRN page here.