Insurance
Mar. 29, 2024
Insurance company doesn’t want jury to know about settlements
The lawsuit stems from the 2007 “acrimonious divorce” between Saul Fox, Fox Paine & Co’s founder, and his partner W. Dexter Paine III.
Attorneys representing an insurance company in dispute with the private equity firm Fox Paine & Co. filed a motion in San Francisco Superior Court arguing they shouldn’t have to reveal the amount of settlements Fox Paine received from two other insurance companies because it could taint the jury.
“The jury has no need to hear evidence at trial concerning plaintiffs’ $25 million combined settlements with Houston Casualty Company and Eq...
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