Excess D&O Insurer Drops Appeal In Coverage Dispute Over Adversary Proceeding

Mealey's ( March 22, 2023, 4:50 PM EDT) -- WILMINGTON, Del. — An excess directors and officers liability insurer voluntarily dismissed its appeal of a Delaware Superior Court’s finding that it must provide coverage for an underlying adversary proceeding alleging that the insureds and more than 50 other individuals and entities caused billions of dollars to be siphoned out of Sears....