11th Circuit Rejects Cross-Appeal In Bank Insurance Coverage Case

11th Circuit Rejects Cross-Appeal In Bank Insurance Coverage Case

ATLANTA - The 11th Circuit U.S. Court of Appeals on Jan. 7 dismissed St. Paul Mercury Insurance Co.'s cross-appeal in a dispute regarding whether it has to cover suits brought by the Federal Deposit Insurance Corp. against a failed bank's directors and officers, determining that St. Paul does not have standing to cross-appeal (St. Paul Mercury Insurance Co. v. Federal Deposit Insurance Corp., et al., No. 13-14228, 11th Cir.).

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