Contract Exclusion Bars Coverage for Fraudulent Representation and Concealment Claims Arising from Purchase and Lease Agreements
By EsqSocial Corporation 22/06/21
The United States District Court for the Central District of California, applying California law, has held that the contract exclusion of a private equity liability policy bars coverage for a lawsuit alleging fraudulent representation and concealment, where the claims arose from breach of contract. AKN Holdings, LLC v. Great Am. E&S Ins. Co., 2021 WL 2325647 (C.D. Cal. May 14, 2021)....
By: Wiley Rein LLP