Payments after factual insolvency – (once more) not covered by the D&O?
Payments after factual insolvency – (once more) not covered by the D&O?
In Germany, directors are liable for payments made after the company should have filed for insolvency. What is particularly critical is that D&O insurers often refuse to provide cover for such liability claims. Mark Wilhelm explains the objections currently brought forward by insurers.
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Rescission of cyber insurance contracts: how policyholders should react on current judgements
Rescission of cyber insurance contracts: how policyholders should react on current judgements
When is the cyber insurer entitled to rescind a contract? Fabian Herdter analyses two recent judgements on the policyholder's duty to disclose risks before the contract is closed.
D&O: How to distribute insufficient cover
D&O: How to distribute insufficient cover
When there is not enough D&O cover left, how do insurers decide to split the remaining money? Fabian Herdter looks into a problem that urgently needs a fair solution for all insured directors and officers.
WILHELM lawyers among "Germany's Best Lawyers 2024"
WILHELM lawyers among "Germany's Best Lawyers 2024"
In the new ranking by Best Lawyers, published today in the business daily Handelsblatt, six of our lawyers are recommended in Insurance, Litigation, and M&A.
A right to D&O: No employment contract without a procurement clause
A right to D&O: No employment contract without a procurement clause
What is a procurement clause? And why should it be included in every managing director's employment contract? In the webinar series ‘D&O Update’, David Ulrich gave advice for current and prospective decision-makers.
Payments after factual insolvency – (once more) not covered by the D&O?
Payments after factual insolvency – (once more) not covered by the D&O?
In Germany, directors are liable for payments made after the company should have filed for insolvency. What is particularly critical is that D&O insurers often refuse to provide cover for such liability claims. Mark Wilhelm explains the objections currently brought forward by insurers.
"I can only warn against this"
"I can only warn against this"
In an interview with WELT am Sonntag, Mark Wilhelm explains the dos and don'ts in the settlement of flood damage – and warns against making quick blanket settlements.
What are the obstacles to successful claim settlement?
What are the obstacles to successful claim settlement?
Major claims harbour potential for legal conflict. Fabian Herdter provides an overview of current disputes for the insurance monthly VersicherungsPraxis.
How to cede D&O claims: options and recommendations
How to cede D&O claims: options and recommendations
If a company wants to bring claims against a D&O insurer, the insured manager first has to cede his cover claim – an insight by Fabian Herdter and David Ulrich.
"This can hit product liability insurers hard"
"This can hit product liability insurers hard"
Mark Wilhelm comments to Versicherungsjournal on the planned product liability reform and the consequences of the new right to bring class actions in Germany via associations.