Cmn Llc

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We prize our employees and value the individual contributions they make to our unique legal team. CMN is an energetic firm comprised of both seasoned litigators and young, talented attorneys who believe that professional success stems from a combination of hard work and enjoying what we do. We pride ourselves on our long-standing client relationships and endeavor to establish the same long-term relationships with our attorneys and staff. We have gained a reputation for our continuity, loyalty and commitment to both clients and each other.

The District Court agreed with the Firm’s position, and also rejected the Bank’s argument that the Policy’s “severability” clause (notwithstanding the loan officer’s fraud) created separate coverage for the Bank’s President. Though certain jurisdictions (including California) had construed severability clauses as creating separate D&O coverage for individual employees, the District Court agreed with the Firm’s argument that Progressive’s specific severability clause was more limited in scope and the clause did not affect the Policy’s unqualified exclusion of fraud losses.

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