Tag Archives: Warranty

D&O Insurance: Warranty Exclusion Precludes Coverage Due to Application Misrepresentation

A federal district court has held that because of an insured company’s application misrepresentation about possible M&A activity, a D&O insurance policy’s Warranty Exclusion precludes coverage for the policyholder’s costs incurred in defending claims arising out of the insured company’s … Continue reading

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Construction Warranty Laws in North Carolina

You may have several potential legal remedies if your home has a construction defect in North Carolina. Homebuilders must comply with certain implied warranties under state law, as well as with the express terms of your construction agreement. Implied Warranties … Continue reading

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The Reason for the Implied Warranty of Habitability?

Yesterdays NY Times has an interesting story on an apartment building in the Bronx that has fallen into deep disrepair. Two issues that were particularly interesting to me were the difficulty that the city has had in dealing with the… … Continue reading

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Breach of Warranty Explained | Illinois Warranties Explained

In this Learn About Law article we discuss breaches of warranties and the potential for recourse in specific instances. Read more detail on Recent Estate Planning posts –

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Second Circuit: Excess D&O Policy’s Warranty Statement Exclusion Precludes Coverage

The Second Circuit recently took up the insurance coverage dispute arising out of the high profile enforcement action the SEC pursued against hedge fund Patriarch Partners and its CEO, Lynn Tilton. The district court had ruled that coverage under the … Continue reading

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