Recently by Cindy Rachel Tzvi
Project: Corporate Counsel - Law Firms D&O Insurance: Now You See It, Now You Don't
Introduction A Director's and Officer's ("D&O") insurance policy does not provide full protection to directors and officers. Every D&O insurance policy contains numerous coverage exclusions, some obvious and some hidden. Moreover, insurance companies are expert at construing their policies...
Read MoreCan You Transfer The Insurance Asset In a Corporate Transaction?
Synopsis In Henkel Corp. v. Hartford Accident and Indemnity Co., 29 Cal. 4th 934 (Sup. Ct. 2003) ("Henkel"), the California Supreme Court upset settled expectations by holding that the right to insurance proceeds did not pass to the successor corporation in an asset transaction. Most courts...
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