UNITED STATES DISTRICT COURT 

EASTERN DISTRICT OF MICHIGAN 

NORTHERN DIVISION 

GREAT AMERICAN INSURANCE COMPANY, 

Plaintiff, 

v.

 Case Number 09-12488-BC 

Honorable Thomas L. Ludington 

GEOSTAR CORPORATION, TONY P. 

FERGUSON, THOM E. ROBINSON, JOHN W. 

PARROTT, S. DAVID PLUMMER, SPENCER D. 

PLUMMER, CLASSICSTAR FARMS, INC., 

CLASSICSTAR FARMS, LLC, FIRST SOURCE 

WYOMING, INC., GEOSTAR EQUINE ENERGY, 

INC., GEOSTAR FINANCIAL CORPORATION, 

GEOSTAR FINANCIAL SERVICES 

CORPORATION, and DOES 1-100, 

Defendants,

and 

AXIS REINSURANCE COMPANY,

 Plaintiff, 

v.

 Case Number 09-12608-BC 

Honorable Thomas L. Ludington 

GEOSTAR CORPORATION, TONY P. 

FERGUSON, THOM E. ROBINSON, JOHN W. 

PARROTT, S. DAVID PLUMMER, SPENCER D. 

PLUMMER, CLASSICSTAR FARMS, INC., 

CLASSICSTAR FARMS, LLC, FIRST SOURCE 

WYOMING, INC., GEOSTAR EQUINE ENERGY, 

INC., GEOSTAR FINANCIAL CORPORATION, 

GEOSTAR FINANCIAL SERVICES 

CORPORATION, and DOES 1-100, 

 Defendants, 

and

1:09-cv-12608-TLL-CEB Doc # 95 Filed 07/23/10 Pg 1 of 9 Pg ID 2692
2

GEOSTAR CORPORATION, TONY P. 

FERGUSON, THOM E. ROBINSON, JOHN W. 

PARROTT, CLASSICSTAR FARMS, INC., FIRST 

SOURCE WYOMING, INC., GEOSTAR 

FINANCIAL CORPORATION, and GEOSTAR 

FINANCIAL SERVICES CORPORATION, 

 Plaintiffs, 

v.

 Case Number 09-14306-BC 

Honorable Thomas L. Ludington 

AXIS REINSURANCE COMPANY,

 Defendant, 

v.

S. DAVID PLUMMER and SPENCER D. 

PLUMMER,

 Plaintiff-Intervenors. 

 

STIPULATED JUDGMENT

The parties to the above-captioned cases agree to a Stipulated Judgment as follows: 

1. The plaintiff insurers, Great American Insurance Company (“Great American”) 

and AXIS Reinsurance Company (“AXIS”), filed the captioned lawsuits (case numbers 09-

12488 and 09-12608) to obtain a judicial declaration that, among other things, the insurance 

policies listed in paragraph 2 below are rescinded and void ab initio.

2. The plaintiff insurers issued the following insurance policies (collectively, the 

“Policies”), respectively: 

a. AXIS Policy No. RCN 504100-00 (Policy Period September 18, 2004-05) 

(“2004 AXIS Policy”); 

1:09-cv-12608-TLL-CEB Doc # 95 Filed 07/23/10 Pg 2 of 9 Pg ID 2693
3

b. Great American Policy No. DFX0009868 (Policy Period September 18, 2004-

05) (“2004 Great American Policy”); 

c. AXIS Policy No. RCN 709799/01/2005 (Policy Period September 18, 2005-

06, extended by endorsement to March 30, 2007, with an extended reporting 

period until March 30, 2008) (“2005 AXIS Policy”); 

d. Great American Policy No. DFX0009868 (Policy Period September 18, 2005-

06, extended by endorsement to March 18, 2007, with an extended reporting 

period until March 18, 2008) (“2005 Great American Policy”). 

3. The plaintiff insurers issued the Policies in reliance on information provided by 

the defendant insureds in the following written applications and related documents (collectively, 

the “Applications”), respectively: 

a. SecurExcess Application for an Excess Policy was signed on July 9, 2004 and, 

along with related documents including financial statements, submitted to 

AXIS to obtain the 2004 AXIS Policy; 

b. Private Corporation Proposal Form was signed on October 28, 2004 and, 

along with related documents including financial statements, submitted to 

Great American to obtain the 2004 Great American Policy; 

c. SecurExcess Application for an Excess Policy was signed on September 1, 

2005 and, along with related documents including financial statements, 

submitted to AXIS to obtain the 2005 AXIS Policy; 

d. Private Corporation Renewal Proposal Form was signed on September 1, 

2005 and, along with related documents including financial statements, 

submitted to Great American to obtain the 2005 Great American Policy. 

1:09-cv-12608-TLL-CEB Doc # 95 Filed 07/23/10 Pg 3 of 9 Pg ID 2694
4

4. The individual defendants held the following positions, among others, at the time 

the Applications were signed: 

a. Thom E. Robinson was the President and Chairman of the Board of Directors 

of GeoStar Corporation, ClassicStar Farms, Inc., ClassicStar Farms, LLC, 

First Source Wyoming, Inc., GeoStar Equine Energy, Inc., GeoStar Financial 

Corporation, and GeoStar Financial Services Corporation. Thom E. Robinson 

was also a Manager of ClassicStar, LLC; 

b. John W. Parrott was a director, officer, and the in-house general counsel of 

GeoStar Corporation, ClassicStar Farms, Inc., ClassicStar Farms, LLC, First 

Source Wyoming, Inc., GeoStar Equine Energy, Inc., GeoStar Financial 

Corporation, and GeoStar Financial Services Corporation; 

c. Tony P. Ferguson was a director and officer of GeoStar Corporation, 

ClassicStar Farms, Inc., ClassicStar Farms, LLC, First Source Wyoming, Inc., 

GeoStar Equine Energy, Inc., GeoStar Financial Corporation, and GeoStar 

Financial Services Corporation. Tony P. Ferguson was also a Manager of 

ClassicStar Farms, LLC; 

d. S. David Plummer was the former President of ClassicStar, LLC and the 

Director of Marketing for GeoStar Corporation; and

e. Spencer D. Plummer was the President of ClassicStar, LLC.

5. The requirements for rescission of the Policies, including all premiums being 

returned, have been met. 

1:09-cv-12608-TLL-CEB Doc # 95 Filed 07/23/10 Pg 4 of 9 Pg ID 2695
5

6. The parties each consent to the entry of an order declaring the Policies rescinded 

and void ab initio, and dismissing their lawsuits with prejudice and with each party bearing its 

own costs, as set forth in the attached proposed order. 

Dated: July 16, 2010 Respectfully submitted, 

/s/Paul F. Matousek /s/ Michael T. Skoglund

Paul F. Matousek 

Joseph J. Borders 

William P. Zeller 

WALKER WILCOX & MATOUSEK LLP 

225 W. Washington St., Suite 2400 

Chicago, Illinois 60606 

(312) 244-6700 

David A. Wallace (P24149) 

Gregory W. Mair (P67465) 

O’NEILL, WALLACE & DOYLE, P.C. 

300 St. Andrews Rd., Suite 302 

Saginaw, Michigan 48605 

(989) 790-0960 

ATTORNEYS FOR PLAINTIFF 

GREAT AMERICAN INSURANCE 

COMPANY

Robert J. Bates, Jr. 

Ommid C. Farashahi 

Maryann C. Hayes 

Michael T. Skoglund 

BATES & CAREY LLP

191 North Wacker Dr., Suite 2400 

Chicago, Illinois 60606 

(312) 762-3100 

Audrey J. Forbush (P41744) 

Charles W. Browning (P32978) 

Amy L. Witt (P65622) 

PLUNKETT COONEY, P.C.

38505 Woodward Ave., Suite 2000 

Bloomfield Hills, Michigan 48304 

(248) 901-4000 

ATTORNEYS FOR PLAINTIFF 

AXIS REINSURANCE COMPANY

/s/ Mark S. Hersh

/s/ Jason W. Crowell

Mark S. Hersh

David M. Rosenfield

REED SMITH LLP 

10 South Wacker Dr., 40th Floor

Chicago, Illinois 60606 

(312) 207-6400

Brian M. Johnson

GREENEBAUM DOLL & MCDONALD, 

PLLC 

J. Ronald Sim 

STOEL RIVES LLP 

600 University Street, Suite 3600 

Seattle, Washington 98101-4109 

(206) 386-7592 

Jason W. Crowell 

STOEL RIVES LLP 

201 South Main Street, Suite 1100 

1:09-cv-12608-TLL-CEB Doc # 95 Filed 07/23/10 Pg 5 of 9 Pg ID 2696
6

300 West Vine St., Suite 1100 

Lexington, Kentucky 40507

(859) 231-2742 

Rozanne M. Giunta (P29969) 

John E. Gannon (P41349)

LAMBERT, LESER, ISACKSON, COOK & 

GIUNTA, P.C. 

916 Washington Ave., Suite 309 

Bay City, Michigan 48708

(989) 893-3518 

ATTORNEYS FOR DEFENDANTS 

GEOSTAR CORPORATION, TONY P. 

FERGUSON, THOM E. ROBINSON, 

JOHN W. PARROTT, CLASSICSTAR 

FARMS, INC., FIRST SOURCE 

WYOMING, INC., GEOSTAR 

FINANCIAL CORPORATION AND 

GEOSTAR FINANCIAL SERVICES 

CORPORATION

Salt Lake City, Utah 84111 

(801) 578-6987 

L. William Smith 

GILBERT, SMITH & BORRELLO, P.C. 

(P27029)

721 South Michigan Ave. 

Saginaw, Michigan 48602 

(989) 790-2500 

ATTORNEYS FOR DEFENDANTS S. 

DAVID PLUMMER AND SPENCER D. 

PLUMMER

1:09-cv-12608-TLL-CEB Doc # 95 Filed 07/23/10 Pg 6 of 9 Pg ID 2697
UNITED STATES DISTRICT COURT 

EASTERN DISTRICT OF MICHIGAN 

NORTHERN DIVISION 

GREAT AMERICAN INSURANCE COMPANY, 

Plaintiff, 

v.

 Case Number 09-12488-BC 

Honorable Thomas L. Ludington 

GEOSTAR CORPORATION, TONY P. 

FERGUSON, THOM E. ROBINSON, JOHN W. 

PARROTT, S. DAVID PLUMMER, SPENCER D. 

PLUMMER, CLASSICSTAR FARMS, INC., 

CLASSICSTAR FARMS, LLC, FIRST SOURCE 

WYOMING, INC., GEOSTAR EQUINE ENERGY, 

INC., GEOSTAR FINANCIAL CORPORATION, 

GEOSTAR FINANCIAL SERVICES 

CORPORATION, and DOES 1-100, 

Defendants,

and 

AXIS REINSURANCE COMPANY,

 Plaintiff, 

v.

 Case Number 09-12608-BC 

Honorable Thomas L. Ludington 

GEOSTAR CORPORATION, TONY P. 

FERGUSON, THOM E. ROBINSON, JOHN W. 

PARROTT, S. DAVID PLUMMER, SPENCER D. 

PLUMMER, CLASSICSTAR FARMS, INC., 

CLASSICSTAR FARMS, LLC, FIRST SOURCE 

WYOMING, INC., GEOSTAR EQUINE ENERGY, 

INC., GEOSTAR FINANCIAL CORPORATION, 

GEOSTAR FINANCIAL SERVICES 

CORPORATION, and DOES 1-100, 

 Defendants, 

and

1:09-cv-12608-TLL-CEB Doc # 95 Filed 07/23/10 Pg 7 of 9 Pg ID 2698
2

GEOSTAR CORPORATION, TONY P. 

FERGUSON, THOM E. ROBINSON, JOHN W. 

PARROTT, CLASSICSTAR FARMS, INC., FIRST 

SOURCE WYOMING, INC., GEOSTAR 

FINANCIAL CORPORATION, and GEOSTAR 

FINANCIAL SERVICES CORPORATION, 

 Plaintiffs, 

v.

 Case Number 09-14306-BC 

Honorable Thomas L. Ludington 

AXIS REINSURANCE COMPANY,

 Defendant, 

v.

S. DAVID PLUMMER and SPENCER D. 

PLUMMER,

 Plaintiff-Intervenors. 

 

ORDER

The Court, having considered the Stipulated Judgment dated July 16, 2010, hereby orders 

as follows: 

 1. The insurance policies at issue in the above-captioned cases are rescinded and 

void ab initio because the requirements for rescission of the Policies, including all premiums 

being returned, have been met. 

2. The above-captioned cases (case numbers 09-12488, 09-12608, and 09-14306) 

are DISMISSED WITH PREJUDICE with each party bearing its own costs. 

s/Thomas L. Ludington

THOMAS L. LUDINGTON 

United States District Judge 

Dated: July 23, 2010 

1:09-cv-12608-TLL-CEB Doc # 95 Filed 07/23/10 Pg 8 of 9 Pg ID 2699
3

 

PROOF OF SERVICE

The undersigned certifies that a copy of the foregoing order was served 

upon each attorney or party of record herein by electronic means or first 

class U.S. mail on July 23, 2010. 

 s/Tracy A. Jacobs 

 TRACY A. JACOBS 

1:09-cv-12608-TLL-CEB Doc # 95 Filed 07/23/10 Pg 9 of 9 Pg ID 2700