Judge Denies Motion To Reconsider, Clarify In Directors, Officers Coverage Suit

Mealey's (May 25, 2021, 3:49 PM EDT) -- WILMINGTON, Del. — A federal judge in Delaware on May 17 issued an oral order denying  without prejudice an insured’s motion for reconsideration or clarification of an April 30 ruling in the insured’s lawsuit seeking coverage for an underlying stockholder action alleging that directors and officers breached their fiduciary duties, noting that the motion failed to comply with Rule 7.1.1 of the Local Rules of Civil Practice and Procedure of the U.S. District Court for the District of Delaware....