Backdating letter

The battleground on these questions, though, is usually over whether or not a specific payment or kind of payment actually represents restitution or disgorgement.Another recurring D&O insurance question arises in connection with lawsuits filed in the M&A context, particularly where the claim is that the transaction price is unfair to shareholders.Here are the key insuring clause terms, addressed in a slightly different order than they typically appear in the D&O policy.Many liability insurance policies are what are known as "occurrence" policies – that is, the policies provide coverage for accidents or mishaps that occur during the policy period, regardless of when the lawsuit is actually filed.

That is, D&O insurance policies provide coverage for claims made during the policy period, regardless of when the underlying conduct may have occurred.

Within the constraints of this blog format, I could not hope to summarize this litigation or all of the issues that have arisen.


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