In March last year, New York’s Appellate Division – First Department issued Xerox an important pro-policyholder decision in its D&O insurance recovery action against Travelers, arising from Xerox’s failed 2018 merger with...more
1/13/2025
/ Appellate Courts ,
Bad Faith ,
Breach of Contract ,
Covenant of Good Faith and Fair Dealing ,
D&O Insurance ,
Insurance Litigation ,
Liability ,
Mergers ,
New York ,
Policy Exclusions ,
Policy Terms ,
Settlement ,
Summary Judgment
A recent decision by a federal court in the Eastern District of New York illustrates how directors and officers (“D&O”) policies can provide valuable insurance coverage for defense costs and potential liabilities arising from...more
When seeking insurance coverage for “long-tail” mass tort and environmental claims that involve alleged exposures and injuries spanning multiple years, businesses often look to their occurrence-based commercial general...more
In two recent decisions, the Texas Supreme Court defined the limited parameters in which Texas courts can look beyond the “four corners” of the complaint against the policyholder and the “four corners” of the insurance policy...more