( July 16, 2025, 9:15 AM EDT) -- NEW ORLEANS — The Fifth Circuit U.S. Court of Appeals vacated a lower federal court’s ruling that an insurance policy’s intellectual property (IP) exclusion unambiguously barred coverage for an underlying lawsuit alleging that an insured bribed and induced a competitor’s employees to wrongfully misappropriate confidential information and remanded, holding that the insured set forth a reasonable construction of the exclusion....