The United States Court of Appeals for the Fourth Circuit, applying Virginia law, has affirmed a district court’s ruling that a “bump-up” provision in a D&O policy applied to bar indemnity coverage for the settlement of...more
6/26/2025
/ Acquisitions ,
Appellate Courts ,
Attorney's Fees ,
Conflicts of Interest ,
D&O Insurance ,
Insurance Litigation ,
Merger Agreements ,
Mergers ,
Policy Exclusions ,
Policy Terms ,
Securities Exchange Act ,
Shareholder Litigation
The United States District Court for the Eastern District of Michigan, applying Michigan law, has held that an exclusion in an investment adviser’s professional liability policy applicable to claims arising from the sale of...more