Attorneys – Malpractice Policy – Rescission – Application Statements
By Deborah Elkins
Published: March 9, 2009
A lawyer who did not know his new partner currently was embezzling from his clients when their new firm applied for a malpractice policy, loses his own coverage when the carrier rescinds the policy for material misrepresentations, a Richmond U.S. District Court holds.
Minnesota Lawyers Mutual Ins. Co. v. Hancock (USDC-ED) (VLW 009-3-134) (15 pp.)
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