Insurers have been ordered to pay the legal fees of a FIFA official arrested in a wide-ranging criminal corruption case, likely opening the door for other FIFA officers and their attorneys to tap the $50 million policy for legal fees.
Eastern District Judge Raymond Dearie last week granted Eduardo Li's preliminary injunction motion to require insurers to pay his fees, totaling hundreds of thousands of dollars, under an insurance policy sold to the Fédération Internationale de Football Association, or FIFA, international soccer's governing body.
"Because the insurers have refused to advance any defense costs to Li," the judge said in Li v. Certain Underwriters at Lloyd's London, 15-cv-0609, "Li faces an actual and imminent injury and has established irreparable harm."
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