D&O Insurance Coverage - How Careful Should the Drafting Be? Very.

July 14, 2017

Directors are required to review and approve transformative M&A transactions. The power to approve, however, comes with the potential liability that could be asserted if the transactions do not turn out as projected. Directors, therefore, rely on existing D&O insurance coverage and in certain instances purchase additional insurance which is tailor-made to the contemplated transaction at hand.

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