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Archegos Insurer Sues to Avoid Covering Costs of Firm’s Failure

An insurer for Bill Hwang and his Archegos Capital Management is suing to avoid paying any costs incurred by Archegos, Hwang and other senior executives of the investment firm from a separate suit by a former employee who claims the implosion of the family office cost him as much as $50 million.

Can Businesses Win Fight Over Covid-19 Insurance Claims?

A growing number of businesses are suing their insurers over denied business interruption insurance claims due to the Covid-19 pandemic. But will they be successful?