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Lawsuits against directors can seem very one-sided with the plaintiffs starting at bat and never having to take to the field to play defense. This may be changing as a result of a very significant decision issued last Friday...more
Directors and officers are the most likely FDIC targets for recovery claims since, in many cases, they are covered by “D&O” insurance. Typically, the FDIC asserts claims for gross negligence, negligence and breach of...more
On 15th February 2011 Cotswold Geotechnical (Holdings) Limited ‘Cotswold’, a geotechnical survey company based in Gloucestershire became the first company to be convicted of an offence under The Corporate...more
MSJ in a declaratory action regarding insurance coverage representing insurance company, removed from state court to Federal court by insurance company. ...more
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