Jenner & Block

Federal District Court Finds Application of Interrelated Wrongful Acts Exclusion Would Lead to “Absurd” Results—Grants Policyholder’s Motion for Summary Judgment

For many corporate directors and officers, litigation exposure is a fact of life.  Arguably, directors and officers can face personal liability for even innocent errors in judgment, and the defense costs alone can be staggering.  Directors and officers (D&O) insurance offers these individuals and their companies protection from third-party claims that might otherwise impede corporate decision-making and discourage competent individuals from assuming corporate leadership positions.  

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