In a significant victory for policyholders, the Delaware Superior Court rejected three insurers' attempts to apply their Directors and Officers Liability ("D&O") policies' so-called "bump-up" exclusion to bar coverage for...more
1/15/2025
/ Acquisition Agreements ,
Commercial Insurance Policies ,
Contract Terms ,
Corporate Governance ,
D&O Insurance ,
Delaware ,
Insurance Litigation ,
Merger Agreements ,
Policy Exclusions ,
Securities Litigation ,
Securities Regulation ,
Settlement
With intensifying demands from regulators, investors, and the public for attention to environmental, social, and governance ("ESG") issues, companies are increasingly focused on ESG considerations and initiatives. Not...more
The Situation: Claims brought by insolvency administrators under Section 64 of the German Limited Liability Companies Act are not only among the most common, but also the most financially significant, claims faced by the...more