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Coverage Limits Fuel Push For Deals In Madoff Suits

By Evan Weinberger (February 6, 2009, 12:00 AM EST) -- With litigation defense costs threatening to consume directors and officers and other insurance coverage limits for financial firms sued over losses in Bernard L. Madoff's alleged $50 billion Ponzi scheme, policyholders' attorneys have begun pushing for plaintiffs and defendants to enter into quick settlements in order to maximize payouts to aggrieved investors....

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