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NAT'L UNION FIRE INS. CO. OF PITTSBURGH v. JORDACHE ENTERS., INC.

205 A.D.2d 341 (1994)

613 N.Y.S.2d 161

National Union Fire Insurance Company of Pittsburgh, Pa., Appellant, v. Jordache Enterprises, Inc., et al., Respondents

Appellate Division of the Supreme Court of the State of New York, First Department.

June 9, 1994

Plaintiff issued a Directors and Officers Insurance and Company Reimbursement Policy, covering liability for any wrongful acts of the individual defendants in their capacity as directors and officers of the corporate defendant. During the coverage period (August 2, 1990 to August 2, 1991), Retail Acquisition Corporation ("RAC"), the subject of proceedings in United States Bankruptcy Court for the Southern District of West Virginia, issued a draft complaint which alleged,...

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