DIRECTORS & OFFICERS LIABILITY
For years, MRR has provided legal defense to a variety of corporate directors and officers, for privately held, nonpublic for-profit and nonprofit corporations. Often in conjunction with D&O insurance coverage, our attorneys have experience in dealing with various forms of “wrongful act” claims brought by shareholders, customers, regulators, competitors, creditor’s committees and trustees in bankruptcy. We also advise our clients with respect to coverage issues concerning D&O policies.
The current litigation scene for private companies continues to be challenging. Boards of Directors face a tremendous amount of scrutiny and the plaintiffs’ bar, regulators, and bankruptcy trustees are finding new and creative ways of bringing management liability claims proving to be financially devastating for private companies in the event they become subject to legal action.
We have represented policyholders and insurance companies across the country, including directors, officers, and employees against a wide variety of claims brought by their competitors, customers, business partners, and regulators. We partner with clients to develop coverage opinions based on the current status of the law and on clearly communicated and assessed insurance policy provisions.