Mid-Continent Cas. Co. v. Bay Rock Operating Co., No. 09-50984, involved an action by an insurer seeking a declaration that damages awarded against defendant in an underlying suit arising out of an oil well accident were not covered by the policy at issue. The court of appeals affirmed summary judgment for defendant on the grounds that 1) the insurer was collaterally estopped from re-litigating the subrogation right at issue because it was in privity with defendant; 2) defendant’s subrogee’s lack of an ownership interest in one well did not defeat defendant’s claim for coverage; and 3) defendant showed that the costs at issue were related to property damage and thus covered by the policy.
Related Resources
- Full Text of Mid-Continent Cas. Co. v. Bay Rock Operating Co., No. 09-50984
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