Editor's note: Steven A. Meyerowitz, Esq., is a director of FC&S Legal. FC&S and PC360 are both owned by Summit Professional Networks.
The bankruptcy of insured directors did not relieve the insurer that had issued a directors and officers (D&O) endorsement to a commercial general liability (CGL) insurance policy of the obligation to defend or indemnify them, even where they had been dismissed from the lawsuit, an appellate court in Wisconsin has ruled.
The case
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