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Insurers Granted Temporary Reprieve From Payment of Stanford Legal Fees

February 9, 2010 

Written By Attorneys: Claudia D. McCarron and Paulyne A. Gardner-Smith

This article is an interpretation of current law and is offered for informational purposes only. This material is not legal advice and should not be construed or used as a substitute for the advice of an attorney.

We recently reported on the United States District Court for the Southern District of Texas' decision compelling insurers for five Stanford executives to pay defense costs incurred in defending lawsuits filed against the executives. On February 4, 2010, the Fifth Circuit Court of Appeals issued an Order staying the lower court's decision and granting an expedited appellate argument to be heard on February 25, 2010. NLdH will monitor the appellate proceedings. To read our original article, please click the attached link. Read article.

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