The first suit was filed in 2014 and, following a trial two years later, the Court of Chancery issued an opinion finding two Dole officers liable for $148 million and referencing fraud. A settlement negotiation then began, and two days after it was settled for $115 million, the second suit was filed.(Credit: Shutterstock) The first suit was filed in 2014 and, following a trial two years later, the Court of Chancery issued an opinion finding two Dole officers liable for $148 million and referencing fraud. A settlement negotiation then began, and two days after it was settled for $115 million, the second suit was filed. (Credit: Shutterstock)

A recent Delaware Supreme Court decision upholding coverage for Dole Food Co. Inc. marks a win for companies wanting to cash in on D&O liability insurance coverage.

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Ellen Bardash

Ellen Bardash is ALM's reporter covering corporate litigation for Law.com and Delaware Business Court Insider. She can be contacted by emailing [email protected] or following @ellenbardash.bsky.social on Bluesky.