Ironshore Europe DAC v. Schiff Hardin, L.L.P.

(United States Fifth Circuit) – Held that an excess insurer could not sue an insured’s lawyers for negligent misrepresentation. The insurer claimed that the lawyers led it to believe that a product liability suit posed no threat of exposure to its policy. Concluding that the law firm was immune from suit under these circumstances, the Fifth Circuit reversed the denial of a motion to dismiss and rendered a judgment of dismissal.