Andrews Corporate Officers and Directors Liability Litigation Reporter
June 3, 2002
D&O Insurance:
Copyright (c) 2002 Andrews Publications
INSURANCE POLICY'S 'INSURED VS. INSURED' CLAUSE DOES NOT BAR TRUSTEE ACTION
Gray v. Executive Risk Indem.
A federal judge in Boston has endorsed a bankruptcy judge's ruling that the ‘insured vs. insured‘ exclusions in the D&O policies of the defunct Molten Metal Technology Inc. do not bar coverage for a Chapter 11 trustee's breach-of-duty claims. The...
INSURANCE POLICY'S 'INSURED VS. INSURED' CLAUSE DOES NOT BAR TRUSTEE ACTION
Gray v. Executive Risk Indem.