awarding attorneys' fees in excess of amount in controversy because "favorable precedent established will benefit [plaintiff insurance company] if the issue is raised by other defendants, and it will reduce or eliminate [plaintiff's] potential liability."
Summary of this case from Krumme v. Westpoint Stevens Inc.No. 92-7313.
July 21, 1992.
S.D.N.Y., 771 F.Supp. 76.
AFFIRMED
awarding attorneys' fees in excess of amount in controversy because "favorable precedent established will benefit [plaintiff insurance company] if the issue is raised by other defendants, and it will reduce or eliminate [plaintiff's] potential liability."
Summary of this case from Krumme v. Westpoint Stevens Inc.Full title:Olin Corp. v. Insurance Co of NA
Court:United States Court of Appeals, Second Circuit
Date published: Jul 21, 1992
The Second Circuit, on the other hand, has affirmed findings of prejudice based solely on the district…
Harris v. ChampionHankins, 582 F. Supp. at 184-85, the court held that the pendency of an appeal for two years with no…