Read about a recent M&A legal case where a buyer sued a seller for negligent misrepresentation during negotiations. The buyer won a $17 million claim, and the seller’s insurance policy came to the rescue. Learn more about the implications for…
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BUSINESS SELLER’S INSURANCE POLICY COVERS BUYER’S $17 MILLION NEGLIGENT MISREPRESENTATION CLAIM
Posted in breach of contract exclusion, claim against seller's liability insurance, insurance coverage Tagged with: asset purchase agreement, Breach of contract exclusion, Business seller insurance, Carolina Casualty Insurance Company v. Spicer, Fraudulent inducement, Insurance coverage in M&A, Management liability policy, Negligent misrepresentation claim, Texas distributor medical equipment
Seller’s Insurance Broker Sued for Failing to Add Buyer as Loss Payee
This blog post discusses a recent lawsuit involving an insurance broker’s failure to notify a carrier about a buyer’s loss payee status in an M&A deal. Learn about the case, its implications, and the legal aspects surrounding this issue. M&A …
Posted in certificate of insurance, insurance broker duty, insurance coverage, loss payee Tagged with: asset purchase agreement, asset transfer, business interruption, business interruption coverage, buyer, certificate of insurance, duty of insurance broker to notify carrier of addition of loss payee, Environmental Services, financial lawsuit, Illinois statutory law, insurance broker, insurance carrier, insurance proceeds, Lawsuit, Legal Case, lender's loss payee, Liability, Litigation, loss payee, M&A, policy coverage, seller, used motor oils
Buyer’s Pursuit of Misrepresentation Damages through D&O Policy
Explore a legal case in M&A where a buyer seeks damages for misrepresentation through their D&O insurance policy. Learn about the complexities and court rulings in this insightful M&A story. M&A Stories November 28, 2018 In this M&A story, we…
Posted in ambiguous exclusion, directors and officers insurance policy, insurance coverage, major shareholders exclusion, stock purchase agreement Tagged with: Ambiguous exclusion clause, Buyer's coverage, Buyer's pursuit, Company acquisition, D&O insurance policy, D&O policy, Delaware law, Delaware litigation, EMCI Acquisition v. RSUI Indemnity Company, Insurance claims, Insurance coverage disputes, Insurance exclusion clause, Legal Disputes, Legal settlement, M&A insurance, M&A litigation, Major shareholders exclusion, Misrepresentation damages, Risk adjustment services, Seller-directors misconduct, Stock purchase negotiation
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