AUGUST ENTERTAINMENT, INC v. PHILADELPHIA INDEMNITY INSURANCE COMPANY
Filed
CERTIFIED FOR PUBLICATION
IN THE COURT OF APPEAL OF THE STATE OF
SECOND APPELLATE DISTRICT
DIVISION
AUGUST ENTERTAINMENT, INC., Plaintiff and Appellant, v. PHILADELPHIA INDEMNITY INSURANCE COMPANY, Defendant and Respondent. | B184276 ( Super. |
STORY CONTINUED FROM PART I……
A similar analysis applies in this case. If we accept August Entertainment's line of reasoning, D& O insurers could be held liable for corporate debts based on the way in which an officer signs a contract on behalf of the corporation, for example, by failing to include â€