2nd Circ. Seems Skeptical Of Tilton Bid For D&O Insurance
By Jack Newsham ( October 15, 2018, 9:00 PM EDT) -- A Second Circuit panel didn't seem convinced by businesswoman Lynn Tilton's company that Axis Insurance Co. should be made to cover up to $5 million in legal fees incurred during a Securities and Exchange Commission investigation, expressing skepticism at how Patriarch Partners LLC interpreted its directors and officers insurance policy....
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