Tag Archives: limits

Limits on Indemnification and Advancement for Delaware Corporations

Paul Lockwood Arthur Bookout Among the most crucial issues in the world of directors and officers liability are the related questions of indemnification and advancement. Since so many companies are incorporated in Delaware, the laws of indemnification and advancement in … Continue reading

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Georgia Supreme Court Details Limits on Wrongful Death Recovery After Personal Injury Settlement

Stock image.  Atlanta—In an opinion handed down yesterday, the Georgia Supreme Court highlighted the limits a personal injury settlement could place on a wrongful death claim filed years later. Bibbs, et al. v. Toyota Motor Corp., et al, S18Q0075. Read … Continue reading

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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

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Executive Orders and the Limits of Presidential Authority

The U.S. Supreme Court is scheduled to rule on the third iteration of the Trump Administration’s travel ban by the end of the summer. Despite the changes to the most recent version of the travel ban, its substance raises many … Continue reading

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Ambiguous limits of indemnity (UK)

Where a policy schedule and the wording of the policy were not on the face of it consistent, the court considered the combined effect of the limit for a single claim and a number of linked claims and held that … Continue reading

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