Insurer does not breach duty of good faith and fair dealing by settling third party claims on the side to the limit of coverage, despite contractual duty to defend.
Choice of law assigned under interest analysis. Texas wins.
Misrepresentations were not a 'producing cause' of the allegedly tortious settlement offers.
Mid-Continent Casualty Co. v. Eland Energy Inc., e
Friday, February 22, 2013
Fifth Circuit -- Mid-Continent Casualty Co. v. Eland Energy Inc.
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Category tags above are sporadically maintained Do not rely. Do not rely. Do not rely.
Author's SSRN page here.