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J.P. MORGAN SEC. INC. v. VIGILANT INS. CO.

600979/09.

2016 NY Slip Op 26226

J.P. MORGAN SECURITIES INC., J.P. MORGAN CLEARING CORP., and THE BEAR STEARNS COMPANIES LLC, Plaintiffs, v. VIGILANT INSURANCE COMPANY, THE TRAVELERS INDEMNITY COMPANY, FEDERAL INSURANCE COMPANY, NATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURGH, P.A., LIBERTY MUTUAL INSURANCE COMPANY, CERTAIN UNDERWRITERS AT LLOYD'S, LONDON and AMERICAN ALTERNATIVE INSURANCE CORPORATION, Defendants.

Supreme Court, New York County.

Decided July 7, 2016.

Attorney(s) appearing for the Case

Steve Obus, Esq., of Proskauer Rose LLP, for plaintiff.

Joseph Finnerty, Esq., of DLA Piper LLC, for defendant Vigilant.

In this insurance coverage action, plaintiffs1 seek a declaration that its insurers are required to indemnify it for claims stemming from Bear Stearns' monetary settlement of Securities and Exchange Commission (SEC) and New York Stock Exchange (NYSE) regulatory proceedings and related private litigation...

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