N.J. Panel Reverses Ruling In Favor Of Pharmaceutical Company In D&O Coverage Suit

(July 10, 2024, 10:05 AM EDT) -- TRENTON, N.J. — A New Jersey appeals panel on July 9 held that a lower court failed to consider the effect of the capacity exclusion in a directors and officers liability insurance policy, reversing the lower court’s rulings in favor of a pharmaceutical company insured in its declaratory judgment lawsuit seeking coverage for an underlying lawsuit and remanding....

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