New York Court of Appeals February 21, 2012, 20 (Federal Insurance v. International Business MacHines Corp.)

OPINION OF THE COURT

Chief Judge Lippman.

The question before the Court is whether the disputed language in an insurance policy extends coverage to alleged violations of the Employee Retirement Income Security Act of 1974 (ERISA) by defendant insureds, International Business Machines Corporation and the IBM Personal Pension Plan (collectively, IBM), acting in their capacity as the settlor of