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Contracts

Feb. 12, 2010

Irell Scores Insurance Win for Casinos

In a rare insurance win for victims of floods, attorneys from Irell & Manella landed a $24.3 million settlement from insurers for the owner of two casinos thrashed by Hurricane Katrina.

By Don J. DeBenedictis

Daily Journal Staff Writer

SANTA ANA - In an insurance win for victims of floods, attorneys from Irell & Manella landed a $24.3 million settlement from insurers for the owner of two casinos thrashed by Hurricane Katrina. The latest settlement, filed with a federal court Tuesday, brings the casino owner's total recovery to more than $215 million.

When Katrina roared across the Gulf Coast on Aug. 29...

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