Tag Archives: Non-Monetary Relief

Tenth Circuit: SEC Subpoenas Issued After Formal Investigative Order Not Covered

As I have frequently noted on this blog (most recently here), a recurring D&O insurance issue is the question of coverage for costs incurredin responding to SEC investigations. This question can be complicated both by the features of the specific SEC investigation involved as well as by the specific wording of key policy provisions. These … Continue Reading

D&O Insurance: Is a Software Audit Demand a “Claim”?

A standard D&O insurance policy provision specifies that the term “Claim” means, in part, a “written demand for monetary damages or non-monetary relief.” A recurring question that arises under this language is: what exactly is “non-monetary relief”?  In a recent case, an Ohio intermediate appellate court considered the question whether a demand for a software … Continue Reading
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