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· 1/29/1991

Harbor Insurance Company v. Continental Bank Corporation

Citations

  • 922 F.2d 357

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • indicating that the court should look beyond the specific allegations in the complaint only to find evidence that unnamed persons \contributed materially to the fraud\
  • observing that mend the hold doctrine does not make sense at the pleading stage because “Rule 8(e)(2) permits a party to state as many separate claims or defenses as the party has regardless of consistency”
  • “To allow the insur[er] ... an allocation between the directors’ liability and the corporation’s derivative liability for the directors’ acts would rob [the insured corporation] of the insurance protection that it sought and bought.”
  • “it is a detail whether the director or officer first incurs an expense to a plaintiff which Continental then reimburses or Continental pays the plaintiff directly. The latter route is merely more direct; it cuts out' the middleman”
  • analyzing Illinois state law on mend the hold
  • analyzing Illinois state law on mend the hold

Source: CourtListener parenthetical corpus (CC0).

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This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.