Judge Allows 2 Claims To Proceed Against Excess Insurers In D&O Liability Dispute

(April 16, 2019, 1:32 PM EDT) -- TRENTON, N.J. — A New Jersey federal judge on April 12 granted in part and denied in part excess insurers’ motion to dismiss three claims in a directors and officers liability coverage dispute arising from class action claims brought by shareholders, allowing breach of contract and declaratory judgment claims to proceed (Valeant Pharmaceuticals International, Inc., et al. v. AIG Insurance Company of Canada, et al., No. 18-493, D. N.J., 2019 U.S. Dist. LEXIS 63527)....

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