( April 14, 2026, 9:33 AM EDT) -- WILMINGTON, Del.— An insurer filed an application for certification of interlocutory appeal of a Delaware court’s grant of partial summary judgment in favor of a technology company insured in its breach of contract and bad faith lawsuit seeking coverage for an underlying securities class action and a Securities Exchange Commission lawsuit arising from a merger between a privately held company and a special purpose acquisition company, challenging the lower court’s holding that its interpretation of the policy’s “public offering” exclusion blurs the line between parent and subsidiary and “would undermine the narrow function of insurance exclusions.”...