In turn, Coincover says it will never give up its share of the key, even if it receives court orders. Unless it's extremely radical, but...
Of course they will. They will never protect anyone other than their own business interests. They are obliged to share such information with the right government agencies if it's requested from them. They explain that in the first sentence in the quoted part that you shared. The second sentence states it's a criminal offence not to cooperate with law enforcement. The third one means absolutely nothing and is only there to make you feel safe. Saying that they will verify if the requests are legitimate is of no importance.