John McCarrick Weighs in on Georgia Court Ruling
John McCarrick, chair of the D&O Group, was interviewed by Law360 regarding a Georgia federal court's ruling that added a new step for insurers to take before they can challenge D&O coverage for the Federal Deposit Insurance Corp's litigation over bank failures. The ruling may drive up costs for insurers.
The ruling is considered unusual and McCarrick wonders if the court wants to push the parties to settle or send the issue back to federal appeals court. "You do ask those questions when you see something that seems to fly in the face of the accepted understanding of how these cases work," McCarrick said.
The full article is available at www.Law360.com
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