By Jeff Sistrunk (January 9, 2018, 5:27 PM EST) -- Courts around the country are set to grapple with critical coverage issues under directors and officers insurance policies in 2018, including at what point a U.S. Securities and Exchange Commission investigation triggers coverage and when an insurer can withhold consent for a policyholder's settlement.
Here, Law360 breaks down three key D&O cases that will have C-suites' attention this year.
Patriarch Partners LLC v. Axis Insurance Co.
Investment firm Patriarch Partners LLC has asked the Second Circuit to revive its bid for $5 million in excess coverage from Axis Insurance Co. to help defray the costs of an SEC probe and enforcement...
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