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Court holds that professional services exclusion in D&O policy applies to broker-dealer’s distribution of REITs

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • April 4 2013

A federal court, applying New York law, recently held that a "professional services" exclusion in a D&O policy applied to lawsuits against a

Reliance on counsel

  • Mills & Reeve LLP
  • -
  • United Kingdom
  • -
  • February 23 2011

Where a solicitor, who had been instructed to act for a landowner in respect of planning issues concerning a quarry, had received potentially confusing advice from counsel, the solicitor was negligent in failing to clarify the advice

Duty to defend not triggered by allegations outside professional services coverage

  • Wiley Rein LLP
  • -
  • USA
  • -
  • May 6 2008

The United States District Court for the District of Colorado, applying Colorado law, has held that allegations in several lawsuits brought against a real estate investment trust did not trigger the insurer's duty to defend the trust under miscellaneous professional liability policies that covered the provision of professional services