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Mealeys

Mealey's Insurance - IP Exclusion 'Unequivocally Bars Coverage' For Trademark Suit, Federal Judge Says

CHARLOTTE, N.C. - A federal judge in North Carolina held Nov. 26 that an insurance policy's intellectual property exclusion "unequivocally bars coverage" for an underlying trademark lawsuit brought against the insured, granting the insurer's motion for summary judgment (Direct Technologies International, Inc. v. Maxum Indemnity Co., No. 19-81, W.D. N.C., 2019 U.S. Dist. LEXIS 205158).
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