As noted last month in part one of this article, it is less common, but not unheard of, for the debtor itself to directly provide funds to defend and indemnify
How to Defend Officers and Directors in a Management-Hostile Environment
As noted last month in Part One of this article, it is less common, but not unheard of, for the debtor itself to directly provide funds to defend and indemnify its D&Os, in addition to, or in lieu of, maintaining D&O insurance or to address a situation where the D&O has refused coverage (which is <i>not</i> that uncommon of an development).
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