Monday, September 9, 2013
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Article by Dr. Anja Mayer and Lars Winkler in Versicherungspraxis 09/2013
Insured managers can assign their D&O insurance claims to the injured party, which is usually their company. In a recent decision, the Higher Regional Court Düsseldorf affirmed such right of assignment.
At the same time, the court de facto limits the possibility of assignment by generally questioning the seriousness of assigned D&O insurance claims. The decision raises a number of questions.
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