A recent decision by a California appellate court in Practice Fusion, Inc. v. Freedom Specialty Insurance Company, denying the policyholder more than $118 million in Directors & Officers liability coverage based on an...more
Pillsbury secured an important victory for its client, Solera Holdings Inc., when Delaware Superior Court Judge Abigail LeGrow held—in a matter of first impression anywhere in the country—that a shareholder appraisal action...more
8/30/2019
/ Appraisal ,
Appraisal Rights ,
Breach of Duty ,
D&O Insurance ,
Defense Strategies ,
Denial of Insurance Coverage ,
Excess Policies ,
Fair Valuation ,
Insurance Litigation ,
Litigation Fees & Costs ,
Motion for Summary Judgment ,
Reimbursements ,
Securities Violations ,
Shareholder Demands ,
Shareholder Litigation ,
Shareholder Rights ,
State Securities Claims ,
Summary Judgment ,
Wrongful Acts
When adding new or additional layers to an insurance program, policyholders are often asked to sign a “warranty letter” providing comfort to the prospective insurer that the policyholder is not aware of impending claims....more