The United States District Court for the Eastern District of California, applying California law, has held that without physical injury, emotional distress damages alone are insufficient to establish standing for a direct...more
In a win for Wiley’s client, the United States District Court for the Western District of Pennsylvania, applying Pennsylvania law, determined that an insured was not entitled to coverage for a judgment against it because both...more
Applying Delaware Law, the United States District Court for the District of Delaware has held that there is no coverage for acts undertaken by an insured’s directors and officers that occurred prior to the formation of the...more
6/6/2022
/ Choice-of-Law ,
Corporate Counsel ,
D&O Insurance ,
Defense Costs ,
Enforcement Actions ,
Insurance Industry ,
Investigations ,
Pump and Dump ,
Recoupment ,
Securities and Exchange Commission (SEC) ,
Wrongful Acts
The Delaware Superior Court has held that an insurer is not obligated to reimburse or advance an insured’s attorneys’ fees and costs incurred in defense of an appraisal action because the appraisal action is not a claim for a...more