A recent decision by the United States Bankruptcy Court for the Southern District of Texas in In re Walker County Hospital Corporation serves as an important reminder to clients that are purchasing or renewing directors and...more
It seems inevitable there will be an uptick in private credit defaults as economic conditions further deteriorate. What steps are you taking in terms of portfolio management to prepare for the next cycle with respect to...more
10/18/2022
/ Article 9 ,
Budgets ,
Change of Control ,
Chapter 11 ,
D&O Insurance ,
Debt Restructuring ,
Equity Transactions ,
Exclusions ,
Foreclosure ,
Insolvency ,
Lenders ,
Loans ,
Securities and Exchange Commission (SEC)
As the economic impact of COVID-19 continues to reverberate across all global industries, there is an increased risk of claims being asserted against private fund managers, their funds and portfolio companies, as well as key...more
8/24/2020
/ Contract Negotiations ,
Coronavirus/COVID-19 ,
D&O Insurance ,
E&O Insurance ,
Fund Managers ,
Infectious Diseases ,
Insurance Brokers ,
Insurance Claims ,
Insurance Industry ,
Policy Exclusions ,
Portfolio Companies
With most policyholders focused on recoveries from business interruption insurance, you might not think this is the time to consider your company's D&O policy. It is. What you do now can make a difference later when it comes...more
Professional liability insurance policyholders often breathe a sigh of relief when their insurer begins funding the costs of defending against a civil claim or government investigation. That is one of the reasons they bought...more