Ryan LLC corporate logo Defining 'Theft': Tax Firm Gets Reversal on Insurance Coverage Suit After $11M Loss
The $346,612 paid to Weaver was an unlawful taking by Weaver to the deprivation of Ryan and, thus, there is coverage under the Employee Theft provision of the policy, the Fifth District Court of Appeals found.
March 15, 2023 at 03:14 PM
4 minute read
A simple or not-so-simple dispute over the meaning of "theft" led to a take-nothing judgment on an $11 million insurance coverage claim, but the Dallas appeals court reversed, paving the way for a trial.
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