The Delaware Supreme Court, in In re Solera Insurance Coverage Appeals, Nos. 413, 418, 2019, opinion (Del. Oct. 23, 2020), ruled that that a statutory appraisal proceeding was not covered by a D&O insurance policy under terms that limited coverage to alleged “violations” of law.

NEW:  Goodwin Procter discusses the decision in Delaware Supreme Court Holds D&O Insurance Policy Does Not Cover Costs in Appraisal Proceeding.

Goodwin Procter discusses the decision in Delaware Supreme Court Holds Appraisal Action Is Not “Securities Claim” Covered By D&O Insurance Policy.

Mark S. Nelson discusses the decision in Justices explain nature of appraisal proceedings.

Rolnick Kramer Sadighi discusses the decision in Appraisal Action Leads to Insurance Action: D&O Doesn’t Cover Appraisal.

D&O Diary’s Kevin LaCroix discusses the decision in Delaware Supreme Court: Appraisal Action Not a “Securities Claim” and Therefore Not Covered by D&O Insurance.