Court grants Bates White client summary judgment, dismissing the case
In the matter Twin City Fire Insurance Co. et al. v. Arch Insurance Group Inc., plaintiffs sought damages allegedly arising from the departure of former senior executives who joined Arch Insurance Group, Inc. and Arch Capital Group Ltd. (Arch)—competing firms—along with more than 60 other employees.
On behalf of the defendants, Karl Snow submitted an expert report in state court on damages alleged to have been caused by those employees' departure. Dr. Snow estimated potential damages after controlling for appropriate business and economic factors and analyzed issues related to economic causation. The court granted the defendants' motion for summary judgment, dismissing the complaint, unanimously affirmed, with costs.