John Basil Thomas BIRD et al.
v.
The PENN CENTRAL COMPANY et al.
Charles S. HILL et al.
v.
UNDERWRITERS AT LLOYD'S, LONDON, an unincorporated association, et al.
William L. DAY et al.
v.
UNDERWRITERS AT LLOYD'S, LONDON, an unincorporated association, et al.
United States District Court, E. D. Pennsylvania.https://leagle.com/images/logo.png
November 30, 1972.
November 30, 1972.
Attorney(s) appearing for the Case
No. 71-358:
James J. Binns, Philadelphia, Pa., E. Barrett Prettyman, Jr., Stuart Philip Ross, Hogan & Hartson, Washington, D. C., Walter W. Ross, Peterson, Ross, Rall, Barber & Seidel, Chicago, Ill., for plaintiffs.
Joseph G. Manta, Edward C. German, LaBrum & Doak, Philadelphia, Pa., for defendant Bevan.
Raymond K. Denworth, Jr., Drinker, Biddle & Reath, Philadelphia, Pa., for defendants Day, Dorrance, Harnwell, Rauch, Rincliffe and Seabrook.
Miles H. Shore, Saul, Ewing, Remick & Saul, Philadelphia, Pa., for defendant Gerstnecker.
Harry A. Takiff, Takiff, Bolger & Murphy, Philadelphia, Pa., for defendant Saunders.
Joseph W. Swain, Jr., John S. Estey, Montgomery, McCracken, Walker & Rhoads, Philadelphia, Pa., for defendant Symes.
No. 71-508:
Henry T. Reath, Duane, Morris & Heckscher, Philadelphia, Pa., for plaintiffs.
No. 71-619:
David P. Bruton, Drinker, Biddle & Reath, Philadelphia, Pa., for plaintiffs.
James J. Binns, Philadelphia, Pa., E. Barrett Prettyman, Jr., Stuart Philip Ross, Hogan & Hartson, Washington, D. C., for defendants in Nos. 71-508 and 71-619.
United States District Court, E. D. Pennsylvania.
MEMORANDUM AND ORDER
JOSEPH S. LORD, III, Chief Judge.
In 1968, certain named underwriters trading under the name of Lloyd's of London issued two insurance policies to the Penn Central Company and its officers and directors.1 One is a Directors and Officers Liability policy which insures severally the distinct insurable interest of each officer and director; the other provides for reimbursement to the Company in the event that...
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