Beef Company Appeals No Coverage Ruling In Directors And Officers Liability Suit

Mealey's (January 29, 2019, 1:36 PM EST) -- ATLANTA — An insured beef company filed a notice of appeal in the 11th Circuit U.S. Court of Appeals on Jan. 25 challenging a lower federal court’s finding that an exclusion in a Profit Management Liability Insurance Policy excluded directors and officers liability coverage for an underlying lawsuit arising from the purchase of company shares (Colorado Boxed Beef Co., Inc., et al. v. Evanston Insurance Co., 11th Cir.)....