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NC Co.'s $9.8M Indemnity Payment Not Covered, Insurers Say

Дата публикации: 13-07-2026 17:51:15

A building products manufacturer is not entitled to coverage after reimbursing its financial adviser $9.8 million for defense and settlement costs incurred in litigation over a take-private transaction, the company's excess directors and officers insurers told a North Carolina federal court.

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NC Co.'s $9.8M Indemnity Payment Not Covered, Insurers Say

By Hope Patti ( July 13, 2026, 5:51 PM EDT) -- A building products manufacturer is not entitled to coverage after reimbursing its financial adviser $9.8 million for defense and settlement costs incurred in litigation over a take-private transaction, the company's excess directors and officers insurers told a North Carolina federal court....

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