Insights
News and Views Newsletter: Oct, 2019
Oct 1, 2019
Contents include:
- Appraisal actions are ‘securities claims’ under D&O policies
- No coverage for class action alleging ‘related wrongful acts’
- D&O policy’s bankruptcy exclusion is a prohibited ipso facto clause
- Fifth Circuit rules securities exclusion bars coverage for sellers’ alleged misrepresentations
- D&O coverage precluded by health care exclusion and related wrongful acts
- Delaware supreme court reverses court of chancery’s duty of loyalty decision under caremark
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