Delaware Delivers Another “Bump-Up Exclusion” Win to D&O Policyholders
By: Lucas J. Tanglen and Alexandra DiFusco-Cox
Earlier this year, the Delaware Supreme Court delivered the latest win for policyholders in a string of battles regarding so-called “Bump-Up Exclusions” in directors and officers (D&O) liability insurance policies. The ruling carries lessons in this fiercely contested area.
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