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On the Importance of Reading the Fine Print in Excess D&O Policies

Peter M. Gillon, Partner, Pillsbury Winthrop Shaw Pittman LLP A recent ruling by the United States Court of Appeals for the Second Circuit, affirming the decision of District Court Judge Gerard Lynch in XL Specialty Ins. Co. v. Agoglia , 2009 U.S. Dist. LEXIS 36601 (S.D.N.Y. Apr. 30, 2009), provides...

Emerging Issues Analysis: Reed Smith on PENDERGEST-HOLT V. CERTAIN UNDERWRITERS’ AT LLOYD’S OF LONDON

By John Berringer and Jill Averett, Reed Smith, LLP On March 15, 2010, the Fifth Circuit affirmed the decision of the U.S. District Court for the Southern District of Texas, PENDERGEST-HOLT V. CERTAIN UNDERWRITERS’ AT LLOYD’S OF LONDON , 2010 U.S. App. LEXIS 5384 (5 th Cir. Tex. Mar...