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Be careful before signing that warranty letter

  • Jorden Burt LLP
  • -
  • USA
  • -
  • March 4 2010

In Rivelli v Twin City Fire Insurance Co, the plaintiffs, who were directors or officers at Fischer Imaging Co. (Fischer), sought to compel their excess D&O insurer, Twin City Fire Insurance Co. (Twin City), to advance costs to defend against an SEC civil enforcement action alleging securities fraud