Outside Counsel

Right Rule, Wrong Result: The Trouble With 'K2-II'

, New York Law Journal


Matthew Siegel writes: In unwittingly allowing American Guarantee to rely on policy exclusions requiring proof of its attorney-insured's possible financial duplicity in "serving two masters," the Court of Appeals in 'K2-II,' oblivious to its own precedent, has impermissibly given American the imprimatur to relitigate the covered factual and legal bases for the negligence determination underlying K2's legal malpractice judgment against its insured, embroiling American in a conflict of interest.

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