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RICHARDSON ELECTRONICS, LTD. v. FEDERAL INS. CO.

No. 98 C 6865.

120 F.Supp.2d 698 (2000)

RICHARDSON ELECTRONICS, LTD., Plaintiff, v. FEDERAL INSURANCE COMPANY, Defendant.

United States District Court, N.D. Illinois, Eastern Division.

June 21, 2000.

Attorney(s) appearing for the Case

Scott Hodes, Ross & Hardies, Chicago, IL, for Plaintiff.

Mitchell A. Orpett, Tribler Orpett & Crone, P.C., Chicago, IL, David J. Hensler, Hogan & Hartson L.L.P., Washington, DC, for Defendant.

MEMORANDUM OPINION AND ORDER

BUCKLO, District Judge.

Richardson Electronics ("Richardson"), a distributor of electron tubes, took out insurance from Federal Insurance ("Federal") for losses it or its officers and directors incurred due to legal liability for wrongful acts. Richardson then pleaded guilty to a criminal antitrust violation after an investigation by the Antitrust Division of the Justice Department ("Justice"), and settled a civil antitrust...

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