Directors and Officers Liability under Newly Revised Securities Legislation
On February 14, 2011, leave to appeal a ruling of the Ontario Superior Court was denied in Silver v. IMAX Corporation (Court File No. CV-06-3257-00). The result of this decision is to allow a class
Insured vs Insured Exclusions
Virtually all directors and officers liability insurance policies contain some variation of an “Insured vs. Insured” exclusion clause. Such exclusions typically exclude coverage of any claims brought by present and past directors and officers, as