Our Website Uses Cookies 


We and the third parties that provide content, functionality, or business services on our website may use cookies to collect information about your browsing activities in order to provide you with more relevant content and promotional materials, on and off the website, and help us understand your interests and improve the website.


For more information, please contact us or consult our Privacy Notice.

Your binder contains too many pages, the maximum is 40.

We are unable to add this page to your binder, please try again later.

This page has been added to your binder.

Covington Secures Appellate Victory in Sears Coverage Case

10/9/2007

WASHINGTON, DC, October 9, 2007 — On October 4, 2007, the California Court of Appeal unanimously affirmed a $26.6 million judgment for Sears, Roebuck and Co. against an AIG affiliate for losses covered under a CrimeGuard insurance policy. Covington & Burling LLP has represented Sears at both the trial and appellate levels since the lawsuit was filed in 2001 to seek insurance recovery for losses resulting from a misappropriation of funds by the former CEO of a media placement agency that secured advertising time for Sears and other companies. The policy at issue carried a $20 million limit.

The Covington litigation team was led by partners William F. Greaney, Patricia A. Barald, and Allan B. Moore, with assistance from Laird Hart and Deanna Wilcox. All are based in the firm’s Washington, D.C. office.

Share this article: