Judge Rejects Insurers’ Request For Interlocutory Appeal In Suit Arising From Merger

Mealey's (March 2, 2021, 2:10 PM EST) -- WILMINGTON, Del. — A Delaware judge on March 1 denied insurers’ application for certification of interlocutory appeal of a Feb. 2 ruling that granted an insured’s motion for summary judgment and denied in part the insurers’ motion for summary judgment as to the insured’s claims that they wrongfully denied coverage for its defense fees and settlement costs incurred in an underlying class action that challenged proxy solicitation statements regarding a merger, finding that “there are no measurable pros to certification.”...