A summary of Southern California-related business litigation developments during the past week.
From Times Staff and Wire Reports
First Interstate Fire: An insurance company’s lawsuit asked the U.S. District Court to decide which insurers must defend and pay settlement or judgment costs of lawsuits stemming from a fire at the First Interstate Bank building. The suit, filed by Continental Insurance Co., claims that National Union Fire Insurance Co. of Pittsburgh is obligated to undertake or share defense and liability costs because National issued a commercial general liability policy effective at the time of the fire that covered the First Interstate Tower, as joint-venture owner of the building. The suit seeks a court order requiring National to repay Continental for some or all of the defense and liability costs. (Filed July 31, 1990. Case No. 90-4039)
