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Business Law

Business Law News 2017, Issue 3

Table of Contents

Executive Committee: Message from the Chair…………………………………………………………..4

BLN Editorial Board: Message from the Editor……………………………………………………………9

Bruce Alan Mann Receives Business Law Section’s Lifetime Achievement Award……..10
By Mark Moore
Tribute to this year’s Business Law Section’s Lifetime Achievement Award winner, Bruce Alan Mann. Mr. Mann was honored at the Business Law Section’s breakfast at the All Sections – Bar Section Convention on Saturday, August 19, 2017.

Bankruptcy and the "Insured vs. Insured" Exclusion in Directors and Officers Liability Insurance Policies………………………………………………………………………………………………………………….13
By Feliciano M. Ferrer and Kavita Gupta
The authors describe the effect of the "IVI Exclusion" on the ability of a debtor-in-possession, bankruptcy trustee, or trustee appointed to act on behalf of an insured company’s creditors to recover damages caused to a company by its board of directors under a D&O policy, illustrate the issues by reporting on two recent cases that reached conflicting results, and recommend prophylactic measures for consideration by counsel to companies.

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