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A Seafirst Corporation v William M Jenkins
Types of Claims Currently Being made Against Directors
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AoTTod application Bank believe and thereon breach business judgment rule California captive insurance company cause of action clause complaint contract corporation court D&O insurance D&O policy defense expenses derivative actions derivative suits Directors and Officers Directors or Officers Discovery Period duty to defend entitled excess policy exclusion Federal fees filed final adjudication fraud give rise Harbor incurred indemnification informed and believe insurance policies Insured Person insurer's issue Item j»oTjjo l0 ll l2 language lawsuit liability insurance litigation misrepresentation Model Act notice officers and directors Officers insurance Officers policies omission p»jn»ui pay defense costs payment Penn Square Penn Square Bank PepsiCo Plaintiffs are informed Policy Period policy provides prior punitive damages purchased reason reimbursement risk Seafirst Section September 25 settlement Shapiro shareholders statute subrogation summary judgment Supp thereon allege tion Underwriters Unocal Unocal Corporation Wrongful Act xa*a