Lyondell Creditors Seek To Limit Use Of D&O Policies

By Brendan Pierson (August 27, 2009, 12:50 PM EDT) -- Creditors of Lyondell Chemical Co. have asked a bankruptcy judge to impose a "reasonable limit" on how much Lyondell can draw from insurance policies covering litigation against the company's directors and officers, arguing that those policies are the property of the estate and should be protected....

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