November 12, 2014
Schlam Stone & Dolan lawyers Michael Battle, Bradley Nash and Raffi Melkonian have secured a preliminary injunction directing a D & O insurance carrier to advance legal defense fees to a corporate officer, despite a guilty verdict against him in a criminal trial. New York County Commercial Division Justice Shirley Kornreich ordered Scottsdale Insurance Company to advance the attorneys' fees, holding that the fact of conviction was insufficient to trigger the policy's exclusions.
Coverage of the case can be found here:
- Thomson-Reuters, published on July 10, 2012