Stay updated with breaking news from Wrongful Acts. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Will a new Delaware Supreme Court ruling regarding directors and officers liability insurance make it more difficult for your company to get future claims covered?
Delaware First Solar v. National Union First Insurance Co., coverage dispute insurance company denied coverage of a new securities lawsuit The insurance company asserted that the new claim was related to an earlier class action lawsuit and applied a related claims provision.
On March 16, 2022, in a unanimous decision the Delaware Supreme Court affirmed a Superior Court ruling that a securities class action and a later-filed opt out action were related...
On March 16, the Supreme Court of Delaware rejected the "fundamentally identical" standard for assessing related claims. Instead of applying a uniform test for relatedness, Delaware...
A New York federal court, applying New York law, has held that a series of lawsuits alleging multiple different instances of fraud constituted a single, related “claim” subject to a...