Delaware Judge Dismisses 2nd Insurer From Private Equity Firms’ Coverage Suit

Mealey's (July 13, 2021, 1:34 PM EDT) -- WILMINGTON, Del. — A Delaware judge on July 6 dismissed a second insurer from private equity firm insureds’ lawsuit seeking coverage for their $120 million settlement with the bankruptcy estate of a retail fashion holding company they acquired four days after the parties filed a stipulation of dismissal and less than three weeks after another insurer was dismissed....