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BIRD v. PENN CENTRAL COMPANY

Civ. A. No. 71-358.

341 F.Supp. 291 (1972)

John Basil BIRD et al., Plaintiffs, v. The PENN CENTRAL COMPANY et al., Defendants.

United States District Court, E. D. Pennsylvania.

April 21, 1972.

Attorney(s) appearing for the Case

James J. Binns, Philadelphia, Pa., E. Barrett Prettyman, Jr., Stuart Philip Ross, Washington, D. C., Robert G. Schloerb, Chicago, Ill., for plaintiffs.

Henry T. Reath, Philadelphia, Pa., for defendants Ferdinand L. Kattau and William F. Kirk.

David P. Bruton, Lewis H. Van Dusen, Jr., Philadelphia, Pa., for defendant Walter H. Annenberg.

OPINION

JOSEPH S. LORD, III, Chief Judge.

This is a diversity case governed by Pennsylvania law. Plaintiffs in this action are certain named underwriters trading under the name of Lloyds of London. On July 2, 1968 they issued what we construe as two separate policies1 providing coverage for the defendants. The Directors and Officers Liability policy (hereinafter referred to as D & O policy) provides coverage for the individual...

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