Superior Court of Delaware
AT&T Corp. v. Clarendon Am. Ins., 04C-11-167
Insurers' motion to dismiss a complaint brought by AT&T involving Directors and Officers (D&O) liability insurance coverage is granted where AT&T failed to sufficiently allege that the insureds, certain Directors and Officers, had incurred a "loss" since none of them had paid, will pay, or are obligated to pay any costs incurred in settling or defending the underlying litigation.
Appellate Information
- Decided 09/18/2006
- Published 09/19/2006
Judges
Court
- Superior Court of Delaware