California Court of Appeal

Summary judgment for an insurer in an action seeking rescission of defendant-company's directors and officers liability insurance policy is affirmed over claims regarding: 1) whether the insurer could rescind the policy as to defendants, directors and officers, who did not sign the application and were unaware of certain misrepresentations; and 2) whether the elements of rescission under the policy were met.

Appellate Information

• Decided 03/13/2006
• Published 03/13/2006

Judges

• PERLUSS, P.J.

Court

• California Court of Appeal

Counsel

• For Appellees:
  
• Covington & Burling, Donald W. Brown, Los Angeles, and Julian A. Biggs for Defendants and Appellants Homestore, Inc., Barbara Alexander, Michael A. Buckman, M. Jeffrey Charney, L. John Doerr, Joseph E. Hanauer, William E. Kelvie, Kenneth M. Klein, Terrence M. McDermott, Allan P. Merrill and Evelyn Yalung., Morgan Lewis & Bockius, David M. Halbreich, Los Angeles, Thomas M. Peterson and Jennifer L. Shoda, San Francisco, for Defendant and Appellant Stuart H. Wolff., Tucker Ellis & West, Kim W. West, Janice R. Hugener, Samantha M. Ball, Los Angeles, and Jully Yoon for Plaintiff and Respondent TIG Insurance Company of Michigan.