Insurance | Global Insolvency

Ninth Circuit rules that D&O policies' "insured versus insured" exclusion applies to debtors-in-possession and assignee creditors during bankruptcy proceedings

22 July 2009

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Insured vs. insured exclusion bars coverage debtor-in-possession's claim against former directors and officers

21 July 2009

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D&O insurers seek relief from automatic stay in order to assert coverage defense counterclaims against investment firm insureds

07 August 2009

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USA

Insured's voluntary lifting of automatic stay does not violate policy's cooperation clause

04 August 2009

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USA

Liability considerations for officers and directors of failed FDIC-insured institutions

12 August 2009

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USA

Federal district court affirms bankruptcy court holding that inadequate consideration exclusion bars coverage

25 August 2009

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USA

Reliance Insurance receives court approval of liquidation settlement agreement

09 September 2009

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USA

Delta Financial appeals denial of D&O coverage based on inadequate consideration ("bump up") exclusion

08 September 2009

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USA

Insurers remain on the hook despite bankruptcy termination provisions

15 October 2009

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Ninth Circuit rules in favor of D&O insurer

15 October 2009

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