In Verizon Communications Inc. v. National Union Fire Insurance Co. of Pittsburgh, Pa. the Delaware Superior Court ruled that Verizon was entitled to a defense under its D&O policy for fraudulent transfer claims. Although the...more
6/4/2021
/ Commercial Bankruptcy ,
Corporate Counsel ,
D&O Insurance ,
Debtors ,
Defense Costs ,
Denial of Insurance Coverage ,
Derivative Suit ,
Fraudulent Transfers ,
Insurance Claims ,
Insurance Industry ,
Insurance Litigation ,
Policy Exclusions ,
Policy Terms ,
Securities Fraud ,
Subsidiaries ,
Verizon
Though much of the conversation regarding insurance coverage for COVID-19-related losses has focused on the potential for business interruption-type coverage... insureds should not overlook the potential that COVID risks...more