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Kevin M. LaCroix is an attorney and Executive Vice President, RT ProExec, a division of RT Specialty. RT ProExec is an insurance intermediary focused exclusively on management liability issues.

Sarah Abrams

We live in a time when cryptocurrency has friends in high places. In the following guest post, Sarah Abrams, Head of Claims Baleen Specialty, a division of Bowhead Specialty, considers the current environment for cryptocurrencies and examines the potential D&O liability and insurance implications. I would like to thank Sarah for allowing me to publish her article as a guest post on this site. I welcome guest post submissions from responsible authors on topics of interest to this site’s readers. Please contact me directly if you would like to submit a guest post. Here is Sarah’s article.Continue Reading Guest Post: Is There Stability in Stablecoin? Asking for a D&O Underwriter

As the Trump administration has launched, postponed, reinstated, and negotiated its evolving tariff policies, companies have been forced to deal with a changing and unpredictable business environment. As I have previously discussed, these changing circumstances not only have implications for companies’ business operations and financial results, they also have implications for companies’ potential liability exposures as well. One important area of tariff-related potential liability has to do with companies’ disclosures – that is, what the companies are saying about the impact of the tariffs on their operations and financial results.Continue Reading Tariffs and Disclosures: Corporate Risks in a Global Trade War

The D&O Diary now has its own LinkedIn page. The goal is to use the LinkedIn page to supplement The D&O Diary’s blog posts, with further information and commentary about the world of directors’ and officers’ liability and insurance. I encourage everyone to visit and to follow the new page. The D&O Diary’s LinkedIn page

In late March (as discussed here), and as part of its effort to try to stem the flow of corporate departures from the state, the Delaware legislature enacted S.B. 21, which made a number of significant revisions to the state’s corporations code. As I noted in a prior post, a number of parties in lawsuits pending in the state’s courts have raised constitutionality challenges to S.B. 21. Late last week, a Vice Chancellor certified two questions to the state’s Supreme Court. Earlier this week, the Supreme Court agreed to take up the questions, apparently on a fast-track basis. The certification of the questions and the Supreme Court’s response ensure that the constitutionality questions will be quickly reviewed.Continue Reading S.B. 21 Constitutionality Questions Certified to Del. Supreme Court

Sarah Abrams

CEOs, like everyone, have private lives, and like everyone else, their private lives are their business. Except of course when issues concerning their the private lives arise and spill into their roles as CEOs. In the following guest post, Sarah Abrams, Head of Claims Baleen Specialty, a division of Bowhead Specialty, takes a look at the way in which CEOs’ private lives can become relevant to issues of potential D&O liability. I would like to thank Sarah for allowing me to publish her article as a guest post on this site. I welcome guest post submissions from responsible authors on topics of interest to this site’s readers. Please contact me directly if you would like to submit a guest post. Here is Sarah’s article. Continue Reading Guest Post: Personal Relationships and Potential Board Liability: How Much is Too Much Information?

In what appears to be one of the largest derivative lawsuit settlements ever, Alphabet, Google’s parent company, has agreed to provide $500 million over ten years to fund the reconstruction of the company’s global compliance structure. The lawsuit and its settlement follow in the wake of extensive federal and state antitrust enforcement activity against the company. The settlement is subject to court approval. A copy of the plaintiffs’ unopposed May 30, 2025, motion for preliminary approval of the settlement can be found here.Continue Reading Alphabet Settles Antitrust-Related Derivative Suit for $500 Million

Sarah Abrams

Readers undoubtedly were interested to hear the news last Friday that the presiding court had approved the settlement in the long-standing lawsuits against the NCAA regarding student-athlete payment. Among other things, the settlement could usher in a new era that will allow colleges to directly pay their student-athletes. In the following guest post, Sarah Abrams, Head of Claims Baleen Specialty, a division of Bowhead Specialty, takes a look at the settlement and its background, and considers the possible management liability implications for universities. I would like to thank Sarah for allowing me to publish her article as a guest post on this site. I welcome guest post submissions from responsible authors on topics of interest to this site’s readers. Please contact me directly if you would like to submit a guest post. Here is Sarah’s article. Continue Reading Guest Post: What Does the House Settlement Mean for University Liability?

Prague Old Town Square

The D&O Diary is on assignment in Europe this week, with a first stop in Prague, the capital and historic heart of the Czech Republic. Nestled on the banks of the Vltava River, Prague is a living museum of architectural treasures. With its bridges, castles, and rich history, Prague is one of Europe’s most charming cities.Continue Reading Prague

Sarah Abrams

As readers know, one aspect of President Trump’s exercise of his presidential powers has been his willingness to grant pardons to certain persons, including even, as it has turned out, corporations. In the following guest post, Sarah Abrams, Head of Claims Baleen Specialty, a division of Bowhead Specialty, takes a look at the possible D&O insurance implications for a policyholder that has been convicted of a crime but granted a pardon. I would like to thank Sarah for her willingness to allow me to publish her article as a guest post on this site. I welcome guest post submissions from responsible authors on topics of interest to this site’s readers. Please contact me directly if you would like to submit a guest post. Here is Sarah’s article. Continue Reading Guest Post: Pardon Me