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Court ends defense costs coverage for Allen Stanford under D&O policies prior to a final adjudication of civil and criminal liability
  • Jenner & Block LLP
  • USA
  • December 12 2010

Upon remand after a decision by the U.S. Court of Appeals for the Fifth Circuit the United States District Court for the Southern District of Texas recently issued a decision ending directors and officers liability (“D&O”) insurance coverage for R. Allen Stanford and other Stanford Financial executives prior to a final adjudication of such executives’ criminal and civil liability


Evan M. Tager
  • Mayer Brown LLP

Jonathan E. Canis
  • Arent Fox LLP

Jeffrey H. Paravano
  • Baker & Hostetler LLP

Michael S. Arnold
  • Mintz Levin Cohn Ferris Glovsky and Popeo PC

Jason M. Halper
  • Orrick, Herrington & Sutcliffe LLP

Albert W Gortz
  • Proskauer Rose LLP

Robert R. Stauffer
  • Jenner & Block LLP

Simon Castley
  • Shook Hardy & Bacon LLP

Jaime L.M. Jones
  • Sidley Austin LLP