The fallout from the virtual collapse of the subprime mortgage lending industry has just begun. Early estimates of subprime losses start at $100 billion and may rise to several times
The Subprime Mortgage Crisis and D&O Insurance: A New Frontier of Litigation
Whether a D&O policy will afford coverage for the litigation resulting from the collapse of the subprime mortgage lending industry is yet to be seen. As discussed in this article, there are several policy provisions that are likely to be relevant in the subprime context.
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