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Ethics

: Legal Ethics Forum

Stanford Financial defendants lose insurance coverage for defense counsel fees

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ALM  (opinion here):  The syndicates at Lloyd's were able to establish that money laundering -- an excluded event -- was a substantial part of the financial scandal.  Once the insurer stops paying defense fees, it becomes very difficult to defend complicated white collar crimes.


Full post as published by Legal Ethics Forum on October 14, 2010 (boomark / email).

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