On September 24, Southern District of Florida District Court Judge James I. Cohn issued an opinion affirming an order approving the settlement of a debtor’s breach of fiduciary duty, corporate waste, and mismanagement claims...more
9/25/2015
/ Bankruptcy Court ,
Board of Directors ,
Breach of Duty ,
Class Action ,
Commercial Bankruptcy ,
Corporate Officers ,
D&O Insurance ,
Debtors ,
Fiduciary Duty ,
Insurance Industry ,
Mismanagement ,
Securities Litigation
On June 22, the Eleventh Circuit affirmed the grant of summary judgment in favor of National Union Insurance Company of Pittsburgh, Pa., in an action where the insured sought $10 million in coverage under a D&O policy. The...more
On October 20, the U.S. District Court for the Middle District of Florida granted summary judgment to National Union Fire Insurance Company of Pittsburgh, Pa., in BondSafeguard v. National Union, 6:13-cv-561. The court held...more