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SAFEGUARD SCIENTIFICS v. LIBERTY MUT. INS. CO.

Civ. A. No. 90-6592.

766 F.Supp. 324 (1991)

SAFEGUARD SCIENTIFICS, INC., CenterCore, Inc., and NordSystems, Inc. v. LIBERTY MUTUAL INSURANCE CO.

United States District Court, E.D. Pennsylvania.

June 6, 1991.

Attorney(s) appearing for the Case

Coleen M. Meehan, Morgan, Lewis & Bockius, Philadelphia, Pa., for plaintiff.

Robert St. leger Goggin, R. Bruce Morrison, Harry J. Levant, Marshall, Dennehey, Warner, Coleman & Goggin, Philadelphia, Pa., for defendant.

MEMORANDUM AND OPINION

KATZ, District Judge.

This is a dispute about coverage under a liability insurance contract for the costs of defending and settling a complex business lawsuit after a three month trial in New York. Each side takes a position at the extreme. The insurance company declines to contribute to the costs of defense and settlement, even though the policy provided coverage for slander and the underlying lawsuit contained a claim for slander...

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