ஒன்றுபட்டது மாநிலங்களில் திவால்நிலை குறியீடு News Today : Breaking News, Live Updates & Top Stories | Vimarsana

As directors and officers (Ds&Os) 1 face exposure to potential personal liability claims, they should consider the principal protections available to them. Part one of this two-part series provided a “nuts and bolts” overview of key indemnification and advancement provisions for Ds&Os of Delaware entities. 2 This second part outlines certain key features of director and officer insurance policies (D&O policies), including core coverage parts, “tail” coverage and select exclusions. D&O policies are a creature of contract, and specific outcome-determinative terms can vary widely. Companies should carefully review their policies with their broker and counsel. ‘Three-Sided’ Coverage D&O policies are generally designed to cover loss (including defense costs, settlements and judgments) incurred by insureds arising from certain claims. “Insureds” typically include the company itself (and direct and indirect subsidiaries) and its directors or officers (and their functiona

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