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Limiting liability under D&O policies: court considers retroactive date clause
- Levitan Sharon & Co
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- Israel
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- May 14 2013
The Tel Aviv District Court recently handed down a guiding court decision regarding directors' and officers' policies, in which several important
Court dismisses claim for coverage for a first-party loss under a third-party liability policy
- Wiley Rein LLP
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- USA
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- May 8 2013
The United States District Court for the Northern District of Texas has dismissed a claim for coverage under a directors and officers (D&O) liability
No directors, no officers, no employees and no agents now what?
- Allen Matkins Leck Gamble Mallory & Natsis LLP
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- USA
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- May 3 2013
Occasionally, a corporation may find itself with no directors and no management. Yet, the corporation does not cease to exist. One might wonder what
Fourth Circuit Court of Appeals puts teeth into the "in fact" exclusions of a D&O policy
- Carlton Fields PA
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- USA
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- April 22 2013
In Farkas v. Nat'l Union Fire Ins. Co. of Pittsburgh, PA, No. 12-1481, 2013 WL 1459248 (4th Cir. Apr 11, 2013), the Fourth Circuit Court of Appeals
Fourth Circuit ruling affirms decision to award recoupment of defense costs to D&O liability insurer
- Steptoe & Johnson LLP
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- USA
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- April 19 2013
In Farkas v. National Union Fire Insurance Company of Pittsburgh, PA, No. 12-1481, 2013 WL 1459248 (4th Cir. Apr. 11, 2013), the United States Court
"Based upon, arising from, or in consequence of" language in exclusion requires causal connection, not proximate causation
- Wiley Rein LLP
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- USA
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- April 18 2013
The United States District Court for the District of New Mexico has held that a "Lending Services" exclusion in a D&O policy barred coverage for a
Court of Appeals affirms that "in fact" requirement was triggered by jury’s guilty verdict
- Wiley Rein LLP
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- USA
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- April 18 2013
Applying Illinois and Florida law, the United States Court of Appeals for the Fourth Circuit has affirmed that a jury's guilty verdict in a criminal
Misleading and deceptive conduct: be wary of the silences - limited protection for commercial parties under the ACL
- Herbert Geer
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- Australia
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- April 18 2013
There is a prohibition against misleading or deceptive conduct in trade or commerce under section 18 of the Australian Consumer Law (ACL) (the
New York court holds professional services exclusion applicable
- Traub Lieberman Straus & Shrewsberry LLP
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- USA
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- April 3 2013
In its recent decision in David Lerner Assocs. V. Philadelphia Indem. Ins. Co., 2013 U.S. Dist. LEXIS 46333 (E.D.N.Y. Mar. 29, 2013), the United
Court denies bank, insurer's, and reinsurer's motion to dismiss RESPA complaint
- Jorden Burt LLP
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- USA
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- March 20 2013
Two borrowers filed a putative class action complaint in Pennsylvania federal court alleging that mortgage lender, First Horizon Home Loan
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