Articles by William G. Passannante

A Guide to Transaction Liability Insurance

A Guide to Transaction Liability Insurance

Buyers purchase R&W insurance to limit the seller’s liability for potential breaches of the representations and warranties in a securities purchase agreement.

 
Resisting Insurer Attempts to Recoup D&O Defense Costs

Resisting Insurer Attempts to Recoup D&O Defense Costs

Courts have often ruled that some of the ways that insurers have tried to recoup D&O costs are not permitted.

 
Coverage Quelled by Extreme Exhaustion Arguments

Coverage Quelled by Extreme Exhaustion Arguments

D&O insurance policyholders must make sure that excess policies do not include unduly restrictive exhaustion clauses that can negate coverage.

 
Protecting Against D&O Liability for Climate Change-Related Disclosures

Protecting Against D&O Liability for Climate Change-Related Disclosures

The SEC’s issuance of climate change-related financial disclosure guidelines suggests that directors and officers may be hit by lawsuits.