• Directors & Officers Insurance: Will It Be There If You Need It?
  • December 21, 2005 | Author: Steven W. Hansen
  • Law Firms: Bingham McCutchen LLP - Boston Office; Bingham McCutchen LLP - San Francisco Office ; Bingham McCutchen LLP - Boston Office
  • Since the courthouse seems destined to continue to become a more dangerous place for directors and officers of public companies, having appropriate D&O coverage -- and particularly a policy that will not disappear if needed -- is ever more important. Yet, as illustrated by the circumstances that gave rise to the recent opinion of the Ninth Circuit Court of Appeals in Federal Insurance Company v. Homestore, Inc., not all D&O policies are created equal.