United States: Relying On Insolvency Exclusion, Second Circuit Finds That D&O Insurer Not Required To Defend Professional Manager Overseeing Operations Of Distressed Company That Filed For Chapter 7 Bankruptcy - Wiley Rein

United States: Relying On Insolvency Exclusion, Second Circuit Finds That D&O Insurer Not Required To Defend Professional Manager Overseeing Operations Of Distressed Company That Filed For Chapter 7 Bankruptcy - Wiley Rein

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The United States Court of Appeals for the Second Circuit, applying New York law, affirmed a trial court's denial of a preliminary injunction seeking to require a D&O insurer to defend a professional...

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