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2nd Circ. Lets Excess Insurers Off Hook In D&O Liability Spat

By David McAfee (June 4, 2013, 4:09 PM EDT) -- The Second Circuit ruled against former directors and officers of defunct computer technology company Commodore International Ltd. on Tuesday in a suit against their excess insurers, affirming a lower court's finding that excess policies aren't triggered until payment is made by primary insurers....

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