Ryerson Inc. v. Federal Insurance

How courts have described this case

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

• distinguishing a claim for “‘damages’ in the proper sense of the word” from uninsurable restitu- tion
• “When there is no prejudice to the opposing party, invoking the doctrine of mend the hold to bar a valid defense is overkill.”
• the “mend the hold” doctrine does not forbid a defendant from adding defenses after being sued
• “When there is no prejudice to the opposing party, invoking the doctrine of mend the hold to bar a valid defense is overkill.”
• payment by company to purchaser of subsidiary to settle allegations that seller concealed bad news about subsidiary, leading to inflated purchase price, was partial refund of purchase price and thus uninsurable restitution
• “[T]here is no insurable interest in the proceeds of a fraud.”

Source: CourtListener parenthetical corpus (CC0).