Court of Appeals Finds In Favor of Gardere Client Cardtronics

11 March 2014 News

Law 360 covered the ongoing legal battle between Gardere client Cardtronics Inc. and Lloyd's of London. The battle stems from the suit filed by Cardtronics against Lloyd's related to a $16 million cash theft. Lloyd's asserted Cardtronics was required to first pursue the armored car company who was responsible for the loss, arguing that Cardtronics' insurance coverage wasn't properly triggered until Cardtronics "exhausted all of its remedies" against the armored car company and its insurers.

Writing for a unanimous panel, 1st District Court of Appeals Justice Harvey G. Brown affirmed a lower court's decision, finding that Cardtronics' claim is immediately payable, and remanded the case back to trial court. Gardere Partner Stephen L. Moll, an attorney for Cardtronics, said it was pleased with the opinion, calling it "well-reasoned, clear and, in my view, unassailable."

Cardtronics is represented by Mr. Moll along with Partners James Cooper, Orin H. Lewis and Stacy R. Obenhaus.

Subscribers can access the full article here.

Insights

Will Other Tech Companies Join Microsoft in Honoring CCPA Across the U.S.?
18 November 2019
Internet, IT & e-Discovery Blog
Get Off My Lawn! Employers Gain Expanded Rights to Keep Unions Away from Their Property
18 November 2019
Labor & Employment Law Perspectives
Debunking Conventional Labor and Employment Wisdom
18 November 2019
Labor & Employment Law Perspectives
Oncology Care First: What You Need to Know About the Proposed Oncology Care First Model
18 November 2019
Health Care Law Today
PATH Summit 2019
18-20 December 2019
Arlington, VA
Madison CLE Days
18-19 December 2019
Madison, WI
MedTech Impact Expo & Conference
13-15 December 2019
Las Vegas, NV
Review of 2020 Medicare Changes for Telehealth
11 December 2019
Member Call