Mitrovic Consulting

In the late 70’s and early 80’s, the public company Directors and Officers (“D&O”) policy was still very much a developing product. It was never intended to be an airtight contract replete with exclusions, nor was it a model of clarity or a poster child for litigation certainty. It had a D&O Side A coverage part that covered alleged wrongful acts of directors and officers not indemnifiable under the corporate by-laws of the company that employed them. Where the alleged wrong