By Arthur Armstrong and Heather Weaver ( December 18, 2025, 5:01 PM EST) -- A Nov. 13 decision from the U.S. District Court for the Southern District of New York in Flextronics International Ltd. v. Allianz Global Corporate & Specialty SE represents far more than a routine confirmation of an arbitration award: It is a meaningful recalibration of several foundational issues in directors and officers insurance coverage — allocation, insurability, "best efforts" obligations and the limits of insurer challenges to arbitral decisions....
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