Panel Says It Lacks Jurisdiction To Hear Trustee’s Appeal In D&O Coverage Dispute

(April 1, 2024, 9:31 AM EDT) -- NEW ORLEANS — The Fifth Circuit U.S. Court of Appeals granted the Federal Deposit Insurance Corp.’s motion to dismiss a trustee’s appeal of a lower federal court’s orders dismissing claims against a failed bank’s officers and staying the remainder of the lawsuit pending completion of arbitration between the trustee and Ernst & Young LLP, finding that it lacks jurisdiction....

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