Delaware High Court Issues Mandate Closing D&O Coverage Dispute

Mealey's (March 30, 2022, 4:42 PM EDT) -- DOVER, Del. — The Delaware Supreme Court on March 21 issued a mandate affirming a lower court’s dismissal of an insured’s breach of contract lawsuit seeking directors and officers liability coverage for defense costs and pre- and post-judgment interest incurred from an appraisal proceeding filed by dissenting stockholders following a corporate merger, closing the case....