Examples of D&O Insurance Coverage Action in a sentence
Third, the Fiduciary Duty Action, D&O Insurance Coverage Action and the Prepetition Secured Lender Claims are, without question, complex litigations and claims.
In addition, the Settling D&O Insurers agreed to pay the fees and expenses of the Defendant Directors and Officers in connection with the Fiduciary Duty Action, the D&O Insurance Coverage Action, the D&O Insurance Coverage Settlement and the Plan up to $8,270,000 for fees and expenses incurred in connection with the Fiduciary Duty Action, the D&O Insurance Coverage Action, the D&O Insurance Coverage Settlement and the Plan prior to March 19, 2013.
No. 09-02281, Docket No. 273) • Notice of Filing of Joint Motion of the Debtors and the Official Committee of Unsecured Creditors for Entry of an Order Pursuant to Sections 105(A) and 363(B) of the Bankruptcy Code and Rule 9019 of the Federal Rules of Bankruptcy Procedure Approving the Settlement of the Fiduciary Action and the D&O Insurance Coverage Action (Adv.
Pursuant to the Settlement Agreement, the Settling D&O Insurers shall pay $67,000,000 in the aggregate (the “ Settlement Payments”) to settle the Fiduciary Duty Action, the D&O Insurance Coverage Action and the Prepetition Secured Lenders’ claims.
Indeed, both the Settling D&O Insurers and the Settling Defendants assert that they have strong arguments in the Fiduciary Duty Action and the D&O Insurance Coverage Action, respectively.
On the Settlement Effective Date, the Fiduciary Duty Action will be dismissed with prejudice and the D&O Insurance Coverage Action will be dismissed as against the Settling D&O Insurers, but will continue as against RSUI.
The Settling D&O Insurers do not consent to the jurisdiction of the Bankruptcy Court, except to the extent necessary for the approval and enforcement of this Settlement Agreement, and all Parties agree that, subject solely to that exception, nothing in this Settlement Agreement, in any way, expands the jurisdiction of the Bankruptcy Court over the Settling D&O Insurers or the D&O Insurance Coverage Action or, in any way, constitutes a consent to jurisdiction or waiver of any jurisdictional defense.
This, in turn, would render the solution unstable due to excessive correlation between the high-pass filtered leads.
Certain Insurers moved to dismiss the D&O Insurance Coverage Action and certain other Insurers moved to withdraw the reference to the district court.
Pursuant to the D&O Insurance Coverage Settlement Agreement, the Settling D&O Insurers agreed to pay the D&O Insurance Settlement Amount in settlement of the Fiduciary Duty Action, the D&O Insurance Coverage Action as it relates to the Settling D&O Insurers and the Prepetition Secured Lender Demand Claims against the Defendant Directors and Officers, in each case, other than with respect to the RSUI Insurance Coverage Action.