Sam Bankman-Fried’s criminal trial started this week; and on the same day, he sued one of his director & officer insurers. And a lot of people are asking, why? Is the timing a coincidence or on purpose? Shouldn’t he be...more
10/6/2023
/ Bad Faith ,
Commercial General Liability Policies ,
Commercial Insurance Policies ,
Criminal Prosecution ,
D&O Insurance ,
Defense Costs ,
Financial Fraud ,
Fraud ,
Insurance Industry ,
Legal Fees ,
Policy Exclusions ,
Self-Dealing
As more and more businesses are impacted, meetings and events are cancelled, projects are halted, and operations are closed in response to the unprecedented effects of COVID-19, the issue of potential insurance coverage has...more