Katelin O’Rourke Gorman

Katelin O’Rourke Gorman

Sedgwick LLP

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D&O Insurers Take Note: U.S. Supreme Court Modifies the “Basic” Game

Yesterday, the U.S. Supreme Court issued a unanimous¹ decision in the securities fraud case, Halliburton Co. v. Erica P. John Fund, which was highly anticipated by many who follow the federal securities laws, including D&O...more

6/24/2014 - Basic v Levinson Class Action Class Certification Fraud Fraud-on-the-Market Halliburton Halliburton v Erica P. John Fund Presumption of Reliance SCOTUS Securities Fraud

Second Circuit Vacates Judge Rakoff’s Rejection of SEC Settlement: Consent Decree “Fair and Reasonable” Even Without Admission of...

D&O insurers should be mindful of a recent development in the Second Circuit that could have implications for D&O insurers. The developments stem from a key decision in the Southern District of New York in 2011. On November...more

6/16/2014 - Chevron Deference Citigroup Collateralized Debt Obligations Consent Decrees D&O Insurance Enforcement Enforcement Actions Insurers Interlocutory Appeals Judge Rakoff Mortgage-Backed Securities Risk Management SEC SEC v Citigroup

New York’s Highest Court Rappels Down From Possible Major Shift in Insurance Law in K2 Decision

Today, the New York Court of Appeals elected to adhere to precedent in holding that an insurer is indeed allowed to rely on its policy exclusions when faced with a request for indemnity, even if the insurer was not correct in...more

2/19/2014 - Breach of Duty Duty to Defend Indemnification K2 Investment Group

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