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SunEdison Directed To Patch Up D&O Allocation Agreement


SunEdison Inc. and its affiliated solar yieldcos must amend a pending agreement to allocate directors and officers insurance benefits to settle shareholder suits, a New York bankruptcy judge said Thursday, imploring them to add language that resolves the concerns of two former executives afraid of losing policy protections.

Hinckley Allen attorneys Jennifer V. Doran and Kevin O’Connor mentioned. The objectors are represented by Doran and O’Connor. For Law360 members, read more about the developments of this case through the link provided.

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