That a major law firm would engage in such shenanigans distresses us. The firm’s argument regarding the amendment to the National Union insurance policy is censurable, and we hereby censure it.

– Judge Richard Posner, writing on behalf of a three-judge panel of the Seventh Circuit, issuing a harsh benchslap to Cadwalader Wickersham & Taft for the firm’s “frivolous interpretation” of an endorsement to its client’s Commercial General Liability insurance policy.


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