Mealey's (June 2, 2020, 12:29 PM EDT) -- CHICAGO — An Illinois appeals panel on May 28 affirmed a lower court’s finding that a directors and officers liability insurer did not act vexatiously or unreasonably when it denied coverage for an underlying lawsuit alleging breach of fiduciary duty, minority member oppression, breach of the covenant of good faith and fair dealing and civil conspiracy, finding that the existence of a bona fide dispute precludes recovery for bad faith (Nine Group II, LLC, et al. v. Liberty International Underwriters, Inc., No. 19-0320, Ill. App., 1st Dist., 4th Div., 2020 Ill. App. Unpub. LEXIS 927)....