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Iron Cove Blog

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Sally Yates DOJ Memorandum and the Potential D&O Insurance Implications

Sep 25, 2015 11:39:29 AM

On September 9th, the Deputy Attorney General, Sally Quillan Yates issued a memorandum to fellow prosecutors citing the DOJ’s focus on individuals responsible for corporate wrongdoing and the importance of holding them accountable. The memo outlines the importance of focusing on individuals from the inception of a civil or criminal investigation. Further, in order to take advantage of every remedy that the government has at their disposal, there needs to be and will continue to be consultation and collaboration between civil and criminal attorney’s. As such, and to no surprise there will be more parallel proceedings between both the DOJ and other regulatory agencies.

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Tags: insurance, Iron Cove Posts, by laws, defense costs, D&O Insurance, doj, duty to defend, indemnification, Iron Cove, Liability, Lou D'Agostino, reimbursement, sally yates, side a, written undertaking

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