Corporate

Recent Posts

D&O Insurance: Non-Party Employee Witnesses' Attorneys' Fees Held Covered
Posted on 19 Aug 2011 by Kevin M. LaCroix

When corporate officials face an SEC enforcement action, the testimony of non-party corporate employees is sometimes required. The insurance question that may arise when this happens is whether the attorneys' fees incurred in connection with these... Read More

Cal. Supreme Court: Insurer May Seek to Recover Directly From Independent Counsel Allegedly Excessive or Unreasonable Fees
Posted on 17 Aug 2015 by Kevin M. LaCroix

On August 10, 2015, in an opinion that has already garnered a great deal of attention and commentary, the California Supreme Court ruled that an insurer that funded the payment for its insured of independent counsel (or “Cumis” counsel as... Read More