FTX Proceedings Highlight D&O Issues Amid Bankruptcy

By Geoffrey Fehling and Justin Paget ( May 9, 2023, 5:03 PM EDT) -- Insurance recently took center stage in the closely watched FTX bankruptcy proceedings when U.S. Bankruptcy Judge John T. Dorsey of the U.S. Bankruptcy Court for the District of Delaware refused a request by former FTX executive and founder, Samuel Bankman-Fried, to access the company's $10 million directors and officers liability policy to help defray his legal expenses....

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