Is Your Directors And Officers Liability Coverage Illusory?

Many corporations pay significant amounts for directors and officers liability policies. Commonly referred to as D&O policies, these policies usually involve three sides. Directors and officers are likely to have the most interest in "Side A"...

Has Your Corporation Unwittingly Agreed To Indemnify Its "Executives"?

The "usual suspects" when looking for director and officer indemnification requirements are:

Are D&O Premiums Less For Nevada Corporations?

I have been following Nevada law since 1987 when it followed Delaware by enacting a statute allowing Nevada corporations to include an exculpation provision in their articles of incorporation. The original statute was an "opt-in" statute and unlike...

Does COVID-19 Cause Direct Physical Loss or Damage To Property?

I don't usually write about insurance coverage cases in part because I find policy language to be unabashedly fuliginous. However, an opinion issued yesterday by the California Court of Appeal warrants some attention because it deals with Covid-19...

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