Tag Archives: D&ampO

Another D&O Lawsuit Arising from Sexual Misconduct Allegations

In the latest example of a D&O lawsuit arising in the wake of allegations against a corporate executive of sexual misconduct, a shareholder has filed a securities class action lawsuit against National Beverage Corp. and certain of its executives following … Continue reading

Posted in Insurance | Tagged , , , , , , | Leave a comment

Fifth Circuit Reverses Dismissal of Data Breach Coverage Suit Against D&O Insurer

In a recent case in the Fifth Circuit, a retail merchant sought to establish that its D&O insurer was required to provide a defense to a data breach-related claim that had been brought against the merchant. The appellate court held … Continue reading

Posted in Securities Law | Tagged , , , , , , , , , , | Leave a comment

Private Company D&O – Needed Now More Than Ever

D&O (Directors & Officers) insurance coverage is an important protection for all but the smallest private companies. Exposures are evolving and claims are increasing, putting the directors and officers of private companies and the companies themselves at greater risk. Read … Continue reading

Posted in Insurance | Tagged , , , , , | Leave a comment

D&O Insurance: Company in Receivership, Insurer Can Advance Defense Expense, But Limits Exhausted?

An issue that frequently comes up when companies are in bankruptcy or in other forms of receivership is whether the companies’ D&O insurer can advance payment of individuals’ defense costs over the receiver’s objections. In a recent case, a Northern … Continue reading

Posted in Securities Law | Tagged , , , , , , , , , | Leave a comment

Ninth Circuit: Professional Services Exclusion Precludes D&O Insurance Coverage

A recurring issue under private company D&O insurance policies is the scope of the preclusive effect of the professional services exclusion. This question is particularly important for companies in professional services industries, as just about everything these kinds of companies … Continue reading

Posted in Corporate Law | Tagged , , , , , , , , | Leave a comment