Case 1:07-cv-00640-GMS-MPT
Document 18
Filed 09/29/2005
Page 1 of 3
UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION NEW CENTURY MORTGAGE CORP., Plaintiff, v. GREAT NORTHERN INSURANCE COMPANY, FEDERAL INSURANCE COMPANY, Defendants. ) ) ) ) ) ) ) ) ) ) ) ) CASE NO. 05C2370 Judge Coar DECLARATION OF JAMES A. LOWE IN SUPPORT OF PLAINTIFF'S MOTION FOR SUMMARY JUDGMENT
10465-013-9/28/2005-151448.1
Case 1:07-cv-00640-GMS-MPT
Document 18
Filed 09/29/2005
Page 2 of 3
DECLARATION OF JAMES A. LOWE I, JAMES A. LOWE, declare as follows: 1. I am an attorney duly licensed to practice law in the State of California and am an
associate in the law firm of Gauntlett & Associates, counsel of record for New Century Mortgage Corp. ("NCMC"). 2. As an attorney assigned to this case I have personal knowledge of the facts stated
in this Affidavit and will competently testify thereto if called upon to do so. 3. Attached as Exhibit "M" to the concurrently filed Appendix of Exhibits
("AOE"), is a true and correct copy of New Century's June 30, 2004 letter to Chubb advising Chubb that it is obligated to fund the entire settlement and enclosing the attorney's fee and cost bills incurred by NCMC as of the letter's date. 4. Attached as Exhibit "N" to the concurrently filed AOE, is a true and correct copy
of Chubb's July 7, 2004 letter, acknowledging that settlement for $6 million or less is reasonable and prudent and disputing whether California law applies to NCMC's claim. 5. Attached as Exhibit "O" to the concurrently filed AOE, is a true and correct copy
of Chubb's August 10, 2004 letter acknowledging a telephone conference between NCMC's inhouse counsel and Chubb's adjuster placed by counsel during the August 6, 2004 mediation and acknowledging that Chubb again refused to participate in the funding of the settlement of the Bernstein Action. /// /// /// /// /// ///
10465-004-9/28/2005-151448.1
1
Case 1:07-cv-00640-GMS-MPT
Document 18
Filed 09/29/2005
Page 3 of 3
6.
Attached as Exhibit "P" to the concurrently filed AOE, is a true and correct copy
of NCMC's August 10, 2004 letter to Chubb reminding Chubb that all of the Courts addressing coverage for TCPA claims have found a duty of defense and/or indemnity, and that Chubb's selfserving letter of August 10, 2004, claiming that Chubb did not have enough information to evaluate its settlement duties was simply false.
I declare under penalty of perjury under the laws of the United States of America that the foregoing is true and correct. Executed this 28th day of September, 2005, at Irvine, California.
s/James A. Lowe_______________________ JAMES A. LOWE
10465-004-9/28/2005-151448.1
2