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Waldron v. National Fire Ins. Co. (In re EbaseOne Corp.)

Waldron v. National Fire Ins. Co. (In re EbaseOne Corp.)

Ruling
Reference of state law indemnity action withdrawn.
Procedural posture

Plaintiff chapter 7 trustee, on behalf of debtor's estate and debtor's president and CEO, filed a Complaint against defendant insurer, alleging that it wrongfully failed to indemnify and defend the CEO under a corporate liability insurance policy to cover losses suffered as a result of claims for wrongful acts committed by directors and officers. Pending was the insurer's Motion to Withdraw Reference to District Court.

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opinion summary, case decided on June 14, 2006 , LexisNexis #1006-066