News and Events
Steven Klepper Secures Judgment
Firm principal Steven M. Klepper won summary judgment on behalf of a builders risk insurer in 2315 St. Paul Street, LLC v. Hartford Fire Insurance Co., 2012 WL 2450167 (D. Md. June 25, 2012). The court held that the policy's exclusion for “dishonest or criminal acts” by "anyone else to whom [the insured] entrusts the property for any purpose" barred coverage where a building's owner sought millions of dollars for a loss allegedly arising out of a contractor's theft of copper wiring and fixtures from a building under renovation.