(ILLINOIS, SEPT 16, 2014) An Illinois state court held that the policyholders in a blended D&O/E&O policy dispute was entitled to the full amount of their requested insurance coverage, $8.6 million. Ty Sagalow was named MOST HELPFUL EXPERT by the Policyholder’s law firm. The case involved several exclusions which the insurance carrier believed denied coverage. […]
Financier Worldwide: Top Ten Steps When Faced with a D&O Claim Denial
A director or officer being sued or investigated for allegations of mismanagement is facing one of his or her worse nightmares. His reputation is at stake (often fueled by a stream of adverse news articles in the local press) and, because a director’s or officer’s liability even for ‘corporate decisions’ is a personal liability, such […]
