ABI - American Bankruptcy Institute

10/10/2024 | News release | Distributed by Public on 10/09/2024 10:31

The ‘Insured vs. Insured’ Exclusion in a D&O Policy Doesn’t Apply to a DIP

October 10, 2024

The 'Insured vs. Insured' Exclusion in a D&O Policy Doesn't Apply to a DIP

When a DIP sues a former officer, the bankruptcy 'exception' in a D&O policy provides coverage when the 'insured vs. insured' exclusion would otherwise deny coverage.

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Opinion Link

View Opinion
https://abi-opinions.s3.amazonaws.com/Walker+County.pdf

Case Details

Case Citation

Walker County Hospital Corp. v. Brown (In re Walker County Hospital Corp.), 22-3099 (Bankr. S.D. Tex. Oct. 3, 2024).

Case Name

Walker County Hospital Corp. v. Brown (In re Walker County Hospital Corp.)

Case Type

Business