Interlocutory Appeal Not Warranted In D&O Coverage Suit, Delaware High Court Says

Mealey's (April 19, 2023, 11:27 AM EDT) -- WILMINGTON, Del. — The Delaware Supreme Court on April 6 rejected directors and officers liability insurers’ request for interlocutory appeal in a coverage dispute arising from a securities class action, shareholder derivative lawsuits and an investigation by the Securities and Exchange Commission, finding that there are no exceptional circumstances that would merit interlocutory review of a lower court’s grant of the insured’s motion for summary judgment and denial of the insurers’ motion to dismiss....