Excess D&O Insurer Appeals Coverage Ruling In Dispute Over Adversary Proceeding

Mealey's (March 7, 2023, 4:55 PM EST) -- WILMINGTON, Del. — An excess directors and officers liability insurer filed a notice in a Delaware Superior Court indicating that it is asking the state’s highest court to review the lower court’s finding that it must provide coverage for an underlying adversary proceeding alleging that the insureds and more than 50 other individuals and entities caused billions of dollars to be siphoned out of Sears....

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