re: #63 gwangung

Looks like they got it in under the wire…

iapps.courts.state.ny.us

Thanks. So they really are going for the idea that they aren’t bound by NY law because they’re an excess line? Seems like they’re conflating two very different situations. Excess lines exist for clients who face such disproportionate risks that finding coverage from in State companies is difficult. Think major construction and civil engineering firms, companies whose shit can go wrong in a BIG way. They exist to cover the liability of the client against any future facing liability where the plaintiff isn’t known yet, and therefore cannot object to the terms of the insurance policy.

So … an appeal bond is obviously a completely different thing. The idea that the State of NY, as the Appellee whose interests are actually being insured here, needs to allow this absolutely deficient dog-shit to count is simply insane. “Fuck that noise” is the only rational response. The Appeals Court really needs to get its shit together because this weird vacillating space where everyone (yes, including me) is talking about a goddamned reduced amount bond is NOT helping.