United States First Circuit
The Clark School for Creative Learning v. Philadelphia Indemnity Insurance Company, 13-1171
Read The Clark School for Creative Learning v. Philadelphia Indemnity Insurance Company, 13-1171
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Summary judgment for defendant-insurer on plaintiff's suit seeking defense costs and indemnity under a directors and officers (D&O) liability insurance policy issued by defendant, after plaintiff settled a lawsuit with donors who wanted a return of their donation, is affirmed, where: 1) the costs associated with the underlying suit were losses excluded from coverage by the Known Circumstances Exclusion; and 2) the reasonable expectations doctrine has no application here.
Appellate Information
- Decided 10/23/2013
- Published 10/23/2013
Judges
- LYNCH
Court
- United States First Circuit