Key battlegrounds in seeking coverage for corporate mismanagement under D&O insurance policies

Author: Reidy, Andrew M1

Source: International Journal of Disclosure and Governance, Volume 3, Number 2, 1 June 2006 , pp. 156-162(7)

Publisher: Palgrave Macmillan

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Abstract:

This paper proposes that, given the broad scope of the term `wrongful act', and the fact that personal conduct exclusions typically require an adjudication of the underlying facts before they can be invoked, D&O insurance policies should pay defence costs in most corporate mismanagement cases.International Journal of Disclosure and Governance (2006) 3, 156-162; doi:10.1057/palgrave.jdg.2040074

Document Type: Research article

DOI: 10.1057/palgrave.jdg.2040074

Affiliations: 1: 1Partner in the Washington, DC office of Howrey LLP

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