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22 Mar 2021, 3:00 am by John Jenkins
With SPACs & their directors increasingly being targeted for litigation and the D&O insurance market tightening, this Morgan Lewis memo says that captive insurance may help provide a solution: Captive insurance is a solution to fill coverage gaps or a means to control insurance terms and conditions. [read post]
8 May 2012, 6:21 am by Securites Lawprof
Before deciding whether to approve a proposed $90 million settlement with the former directors and officers of Lehman Brothers (to be paid entirely from D&O insurance), Judge Lewis Kaplan requested additional financial information to assess the ability of the individual... [read post]
19 Dec 2010, 12:02 am by Paul Caron
Lauderdale, FL: Dean Allan Vestal (Drake) Dean Brad Toben (Baylor) Brian D. [read post]
8 Jun 2012, 6:41 am by White Collar Crime Prof Blogger
The New York Times this Monday reported that Bank of America (BOA) executives, including its then chief executive, Kenneth D. [read post]