Delaware Judge Refuses To Dismiss D&O Coverage Suits Over Viacom, CBS Merger

Mealey's (February 23, 2023, 5:21 PM EST) -- NEW CASTLE, Del. — A Delaware judge denied directors and officers liability insurers’ motions to dismiss coverage suits arising from underlying claims that directors, officers and controlling shareholders breached their fiduciary duties in connection with a 2019 merger of Viacom Inc. and CBS Corp., finding that the insureds’ claims are ripe....