GREY:XEBEQ - Post by User
Post by
TheCount11on Sep 30, 2022 10:53am
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Post# 34997462
FYI directors’ and officers’ liability (“D&O Insurance”)
FYI directors’ and officers’ liability (“D&O Insurance”) The Proposed Monitor understands that the Xebec Group holds insurance which provides for
coverage with respect to directors’ and officers’ liability (“D&O Insurance”) as well as for
various self-insured amounts depending on the nature of the loss. The Monitor has been
advised that the D&O insurance expires on December 1, 2022 and is unlikely to be renewed
in the current circumstances. The D&O Insurance has not been reviewed by the Proposed
Monitor as of the date hereof.