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Creditor Exclusion<br><b><i><font="-1">The Perils of D&O Coverage</b></i></font>

The U.S. Court of Appeals for the Fifth Circuit recently held that a Creditor Exclusion provision in D&O insurance policies may result in significant limitations on the coverage provided to the D&Os when the underlying dispute is with a creditor acting in its creditor capacity.

18 minute read March 02, 2017 at 12:03 AM
By
Shmuel Vasser and Yehuda Goor
Creditor Exclusion<br><b><i><font="-1">The Perils of D&O Coverage</b></i></font>

The U.S. Court of Appeals for the Fifth Circuit recently held that a Creditor Exclusion provision in directors and officers (D&Os) insurance policies may result in significant limitations on the coverage provided to the D&Os when the underlying dispute is with a creditor acting in its creditor capacity.

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