Implications Of Yates Memo For D&O Insurance

Susan Huntington, Bill Goddard and Dan Wenner authored an article, “Implications Of Yates Memo For D&O Insurance,” in Law360. The article examines how the U.S. Department of Justice’s (DOJ’s) new enforcement policy, known as the Yates Memo, will likely increase costs associated with claims under director and office insurance policies. The Yates Memo, which calls for the DOJ’s enhanced focus on holding corporate executives accountable for corporate wrongdoings in both criminal and civil cases,  will lengthen government investigations to evaluate individual culpability; and in turn increase defense expenses associated with investigations.