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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
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- 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
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- 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
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- 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
